Agrium, Rivals Seen Focusing On Smaller Deals

“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

U. S. Hog Prices Improving, But Not In Canada

U. S. hog prices are expected to show some improvement over the next year, but that strength won’t be felt in Canada where foreign exchange rates will continue to hamper the industry, said market analyst Steve Dziver, of Phoenix Agri-Tec Inc. in a presentation at the Canadian Wheat Board’s annual Grain World conference in Winnipeg,


Farmers Will Have Input On Hydro Detour

In response to Mr. Blaine Pederson’s letter to the editor (“Not a done deal,” Co-operator, Jan. 7, page 5) I would like to provide the following comments. The assessment of new transmission requirements for this province was reviewed by the Manitoba Hydro-Electric Board, with a decision being made to develop Bipole III on the west

Wal-Mart Adopts Sustainability Index

Canada’s Wal-Mart stores will soon adopt the company’s “sustainable product index,” meant to help customers find products made and used in a sustainable way. Wal-Mart Canada’s major suppliers will be asked to answer a 15-question assessment survey to evaluate their sustainability efforts, the company said in a Feb. 10 release. The questions are to cover


After Hitting Bottom, Phosphate Fertilizer Prices To Rise

While investors have been obsessed with when demand for potash will rebound, another key crop nutrient has quietly pushed into the spotlight as tight supplies ratchet up prices. Phosphate is starting to command more investor attention as production outages have limited supplies of the crop nutrient and dragged down inventories. Though the crunch might not

Potash “Oligopoly” May Crack In Longer Term

“The oligopoly’s discipline has formed the backbone for the group’s valuation.” – DAHLMAN ROSE AND CO. REPORT Amajor U. S. investment bank following the potash sector sees a “ratcheting up” in the sector’s risk profile that may suggest a possible shift in market competition in the longer term. In a recent report on its longer-term


Mosaic Sees Potash Sales Rising In 2010

Fertilizer producer Mosaic Co. said Jan. 6 it expects shipments of potash to increase in 2010 following dismal demand for the crop nutrient in 2009. The company expects global potash shipments of 47 million tonnes to 50 million tonnes in 2010, compared with global sales of about 32 million tonnes in 2009, a company executive

Domestic Trade Pact Could Threaten Supply Management

“We don’t have enough information to provide the level of comfort.” – WALLY SMITH, DFC Canada’s supply management groups are lobbying hard against wording in an interprovincial trade agreement which they fear could threaten their industries. Dairy Farmers of Canada wants governments to plug possible loopholes in the agreement that might leave supply management open


Wells Condemns Corporate Seed Power

Afew very large seed corporations led by Monsanto have too much power over farmers, according to retiring National Farmers Union (NFU) president Stewart Wells. “With the rapid changes the seed companies are making to the system – seed registration, patent protection, seed contracts and inter-company seed agreements – Monsanto and the seed trade will quickly

Letters – for Nov. 26, 2009

If it doesn’t pay, don’t produce it Growing wheat for sale to the Canadian Wheat Board, I’ve ended up with $1.86 per bushel. From a total price of $11,626.02, I end up with $6,065.35; they took $5,560.67 for expenses, including weighing inspection ($44.35), elevator cleaning ($1,729.65), the freight adjustment ($1,398.62), rail freight ($2,344.34) and the