Farmers Rally To Protest Bipole III

Manitoba Hydro is making Bert de Rocquigny what it calls a good offer to run its Bipole III transmission line through his farm. But de Rocquigny says money isn’t the issue. “I told Hydro, you can’t pay us enough,” said de Rocquigny, who stands to have the controversial line cut through 11 quarter sections on

Viterra To Take Over AWB Grain Business?

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


PotashCorp Suit Versus BHP Allowed To Proceed

CHICAGO/REUTERS AU. S. federal judge said on Sept. 27 he would allow the discovery process to proceed in a lawsuit filed by PotashCorp to fend off BHP Billiton’s $39-billion hostile takeover bid. The lawsuit, filed last week in a U. S. District Court in Chicago, alleges that BHP misrepresented material facts related to its bid

Two More Farmers Running In CWB’s District 9 – for Sep. 16, 2010

Two more farmers have announced they’re running to be the Canadian Wheat Board (CWB) director in district 9. Garry Draper and John Sandborn farm at Lenore and Benito, respectively. Last month Dauphin-area farmer Ernie Sirski announced he was running for the job being vacated by Shoal Lake farmer Bill Nicholson, who can’t run again because





Agrium Sees AWB As A Platform For Retail Growth – for Sep. 9, 2010

Fertilizer maker and farm products retailer Agr ium Inc. sees Australia’s AWB as the perfect platform to continue expanding its global retail network, said a top company executive Aug. 16. Agrium has launched an unsolicited $1.1 billion bid to acquire AWB, Australia’s largest wheat exporter, trumping a rival offer from Australia’s GrainCorp. “The key is

The $40-Billion Potash Pie – for Sep. 2, 2010

American farmers hardly noticed when, in mid- August, news broke that Australian-based BHP Billiton was willing to pay nearly $40 billion for the world’s largest fertilizer producer, Saskatchewan’s PotashCorp. The disinterest was honest; after all, who was BHP Billiton and what did it want with a Canadian fertilizer firm in the steady, if not dull,


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

Russian Potash Firms Could Merge Too – for Aug. 26, 2010

There are many good reasons why the world fertilizer industry should consolidate. But the way two major Russian potash players have embarked on a probable merger is an illustration of why foreign investors should stay out of Russianstyle mergers and acquisitions. Suleiman Kerimov, a secretive oligarch known for often doing the Kremlin’s bidding, is in