An Agrium fertilizer distribution facility west of Portage la Prairie, Man. (Dave Bedard photo)

Agrium forecasts less profitable year than expected

Reuters — Fertilizer maker Agrium, the world’s biggest farm retailer, on Thursday forecast a less profitable year than expected and said its quarterly profit plunged. The Calgary-based company said after normal trading hours that it expects to earn $4.50-$6 per share in 2017. The midpoint of $5.25 fell below analysts’ average estimate of $5.45, according

Snow on farmland at Turtle Lake in northwestern Saskatchewan on Oct. 14, 2016. (Lisa Guenther photo)

Saskatchewan snowpack points to below-normal runoff

Thanks to above-normal temperatures that drew down much of Saskatchewan’s snowpack in January, the province now sees “below normal runoff potential” in most areas outside the southeast. Saskatchewan’s Water Security Agency on Thursday released its 2017 preliminary outlook for spring runoff, noting the province has another six to 10 weeks of possible snowpack development. The



(Syngenta.com)

Syngenta sees ChemChina deal closing in second quarter

Reuters — Swiss pesticides and seeds group Syngenta pushed back the expected closure of its agreed US$43 billion takeover by ChemChina to the second quarter of 2017, but said it was making progress in winning regulatory approval for the deal. The transaction is important for China, the world’s largest agricultural market, which is looking to


Palmer amaranth. (United Soybean Board photo)

Minnesota probes Palmer amaranth’s sudden appearance

Chicago | Reuters — Minnesota has launched an investigation to find the source of seed mixes contaminated with weed seeds after the aggressive, herbicide-resistant Palmer amaranth weed was found on 30 areas planted in a federal conservation program. The weed grows very fast, reaching up to eight feet in height and can hold back commercial

Opinion: Choice of voice needed for Manitoba

Provincial Minister of Agriculture Ralph Eichler plans to improve the efficiency of the checkoff system that currently funds Keystone Agriculture Producers, reducing red tape. Agriculture is a complex industry with many issues and different viewpoints to consider. A system like we have now supports just one organization’s perspectives, limits the public debate and reduces the





Syngenta’s Interaction Centre at Stein, Switzerland. (Syngenta.com)

EU said set to approve ChemChina bid for Syngenta

Brussels | Reuters — ChemChina is set to secure conditional EU antitrust approval for its US$43 billion bid for Swiss pesticides and seeds group Syngenta, two people familiar with the matter said on Thursday. The deal — the largest foreign acquisition by a Chinese company — is important for China, the world’s largest agricultural market,