Insights and Stories on Potash

Jan. 19, 2018 at 1:55 am CST

U.S. income tax reform and significant increases in non-grain traffic more than offset a dip in Canadian Pacific Railway’s grain handle in its fourth quarter of 2017. Calgary-based CP on Thursday reported net income of $984 million on $1.713 billion in gross revenues in what it described as its “best-ever” […]

By Staff

Oct. 26, 2017 at 5:43 pm CDT

Reuters — Canada’s PotashCorp, set to merge with rival Agrium to withstand a fertilizer slump, reported a smaller-than-expected quarterly profit Thursday and narrowed its full-year forecast, pressuring its stock. Prices of crop nutrient potash have leveled off this year after hitting eight-year lows late last year due to low crop […]

By Akshara P, Rod Nickel

Oct. 9, 2017 at 3:31 am CDT

Berlin | Reuters — German minerals miner K+S plans to integrate its salt and potash units as part of a strategic overhaul, it said on Monday as it set itself a new profit target for 2030. K+S, the world’s largest salt producer and the fifth-largest seller of potash, is grappling […]

By Reuters

Sep. 29, 2017 at 7:39 pm CDT

Fertilizer firm PotashCorp plans to temporarily halt production at two Saskatchewan potash mines this winter to curb excess supply. The Saskatoon company, in the midst of seeking regulatory approvals for a merger with Calgary competitor Agrium, announced last week it will “curtail” production at its mines at Allan and Lanigan, […]

By Staff

Sep. 11, 2017 at 6:33 pm CDT

Canada’s Competition Bureau will put up no reasons why PotashCorp and Agrium shouldn’t be joined in Nutrien. The federal antitrust regulator on Monday issued a “no action” letter on the all-stock merger-of-equals that Saskatoon’s PotashCorp and Calgary’s Agrium proposed in September last year. The two companies, when merged, are to […]

By Staff