Agrium Inc. Archives - Page 3 of 3 - Manitoba Co-operator

Surge In Grain Prices May Force BHP’s Hand

By Euan Rocha October 21, 2010

Surging world grain markets may force BHP Billiton to raise its $130-a-share offer for PotashCorp by 25 per cent or more as a subsequent jump in fertilizer shares wiped out its initial bid’s premium to investors. The burst in grain prices late last week may herald a fresh round of food inflation that won’t disappear

Cereals, Crops

Viterra To Take Over AWB Grain Business?

By Rod Nickel September 30, 2010

Agrium Inc. is considering whether to keep or sell the grain-handling and marketing unit of takeover target AWB Ltd., a top Agrium official said Sept. 15. Agrium, North America’s leading retailer of fertilizer and chemicals and other farm products, is in the process of buying AWB for A$1.2 billion (C$1.15 billion). AWB, formerly the Australian

News

Russians Still Set To Hold Potash Pricing Key – for Aug. 26, 2010

By Rod Nickel August 26, 2010

European producers will continue to set the tone for global potash pricing, even if BHP Billiton clinches a deal for Potash Corp. of Saskatchewan, the world’s biggest producer of the crop nutrient. Potash Corp. typically tailored its production to supporting prices. But in recent years the Belarussian Potash Company (BPC), the marketing arm of producers

Livestock, Poultry

U. S. Meat Trade Should Not Count On China, Russia

By Bob Burgdorfer March 25, 2010

“(Vladimir) Putin himself made a comment about the U. S. having to meet Russian standards. Now, if the chicken industry gets the attention of Putin, that is a little different ball game than what we have had to deal with in the past.” – Joe Sanderson, Sanderson Farms U. S. meat companies have banked on

News

Agrium, Rivals Seen Focusing On Smaller Deals

By Euan Rocha March 18, 2010

“Consolidation of the fertilizer industry worldwide is far from over.” – JOERGEN OLE HASLESTAD Aprotracted takeover battle in the global fertilizer industry ended this week with a victory for CF Industries Holdings Inc., but the losers are unlikely to wait long before climbing back into the fray. CF Industries’ agreement to acquire Terra Industries brought

Crops, Oilseeds

Cheaper Fertilizer Spells Relief For U. S. Farmers

By Michael Hirtzer February 18, 2010

U. S. farmers who have faced lower selling prices for corn and soybeans this year should see some relief when they plant crops this spring as fertilizer prices have fallen as much as 60 per cent from the record highs of October 2008. Nitrogen, phosphate and potash – the three essential crop nutrients – have

Opinion

“Fertilizer Wars” Throw Spotlight On Three CEOs

By Michael Erman November 19, 2009

Mike Wilson, Steve Wilson and Mike Bennett are patient men. Embroiled in a nine-month three-way takeover battle, the chief executives of fertilizer companies Agrium Inc., CF Industries Holdings Inc., and Terra Industries Inc. have stayed in the headlines even as a recession and falling grain prices pushed the stocks of their companies off their 2008

Beef cattle, News

In Brief… – for Nov. 12, 2009

November 12, 2009

Tainted hamburger: An outbreak of foodborne illness, linked to 157:H7 E. coli bacteria in ground beef in the U. S. has sickened 28 people and caused at least one death, the U. S. Centers for Disease Control and Prevention said Nov. 2. Fairbank Farms of Ashville, New York, recalled 545,699 lbs. of ground beef products

Cereals, News

Briefs continued – for Oct. 1, 2009

October 1, 2009

No deal: Canadian fertilizer maker Agrium Inc. has again extended its hostile offer for U. S. rival CF Industries Holdings Inc., which again said it wasn’t interested. The offer of $40 in cash plus one Agrium share for each CF share was set to expire Sept. 22, but is now set to expire on Oct.

Other

Agrium profit surges, widens outlook

November 13, 2008

Agrium Inc. reported a higher third-quarter profit that topped analyst expectations and the company widened its outlook for the second half of the year amid turmoil in the global economic and commodity markets. Agrium, the world’s third-largest nitrogen producer and the top U. S. retailer of crop supplies, earned $367 million or $2.31 a share

Daily Network News

U.S. grains: Corn, soybeans higher in technical bounce; wheat firms

Bring focused approach to target systems, not producers says animal activist

Canada’s Food Price Report shows meat, pantry goods prices expected to rise “a lot” in 2026

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