GFM Network News



Editorial: Scorecard needed

As the Winnipeg Jets mount what promises to be an exciting playoff run, casual hockey fans find themselves at a disadvantage. No doubt more than a few tuned in to the first couple of games last week and were surprised to find a member of the famed Stastny clan had joined the ranks of the



A truck lines up to be loaded with soybeans in a farm in the city of Primavera do Leste in the central Brazilian state of 
Mato Grosso.

Corn as cash: Brazil’s bartering farmers raise risks for Canada’s Nutrien

Lack of credit makes for an interesting and unfamiliar business environment in this Latin American powerhouse

Taking a page from its aggressive growth strategy in the United States, cash-rich Canadian fertilizer giant Nutrien plans to plow investment into Brazil in a bid to reap up to 30 per cent of farm supply sales in fertile pockets of the country. But business in Brazil’s farm sector — the world’s fastest growing —

(Staff photo)

Nutrien sees demand growth cooling, margins shrinking

Reuters — Nutrien, the Canadian fertilizer and farm supply dealer created from the merger of Agrium and PotashCorp this year, said it expected demand growth for potash in China and India to cool down in 2018. Nutrien, the world’s biggest fertilizer company by capacity, also said higher input costs would shrink nitrogen and phosphate margins.



(Staff photo)

PotashCorp, Agrium get last blessing for Jan. 1 wedding

Two major Canadian players in the global fertilizer industry now have what they say is the final blessing they need to close their merger deal Jan. 1, on two already-met conditions. Saskatoon-based Potash Corporation of Saskatchewan and Calgary-based Agrium Inc. announced Wednesday they’ve received clearance from the U.S. Federal Trade Commission (FTC) to close their

(LDCom.com)

Dreyfus to sell Australian fertilizer unit to Agrium

Paris/Winnipeg | Reuters — Global commodity trader Louis Dreyfus has agreed to sell its fertilizer business to Canada’s Agrium as it continues an overhaul in response to tough agricultural markets. Louis Dreyfus is to sell Macrofertil Australia, which has annual sales of around US$120 million, to Agrium’s Australian unit Landmark Operations in a deal expected


A worker checks mining equipment at the Potash Corporation of Saskatchewan’s Lanigan mine.

Merged fertilizer firm Nutrien eyes U.S. farm suppliers

Regulatory-driven divestitures are creating a sizable war chest for acquisitions

Nutrien, the company to be formed from the merger of Agrium and PotashCorp of Saskatchewan, plans to expand its U.S. farm supply network and return cash to shareholders, Chuck Magro, Agrium CEO, said Nov. 15, as it leverages unusually flush coffers during an agriculture slump. Regulators in China and India require Potash to divest minority

Photo: Thinkstock

Agrium posts bigger-than-expected 3rd-qtr loss

Reuters – Canadian fertilizer maker Agrium Inc , the world’s biggest farm retailer, reported a bigger-than-expected quarterly loss as demand for its products was reduced by severe dry weather in Australia and Canada. The company cut its full-year forecast for earnings per share from continuing operations to between $4.65 and $4.80, from its previous estimate