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Tag Archives fertilizer prices

An ammonia and nitrogen fertilizer plant in Russia. (Saoirse_2010/iStock/Getty Images)
Editorial, Op/Ed, Other

Editor’s Take: Why so high?

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When the goal is creating nitrogen fertilizer, the first thing you need to start with is a lot of natural gas. Everyone understands natural gas is one of the largest inputs — most estimates say about 70 per cent of the price you pay for nitrogen can be traced back to natural gas prices. But
(Thinkstock photo)
Crops

Nitrogen looking cheap across Prairies

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CNS Canada — Farmers in Manitoba may be looking to fill up on nitrogen fertilizer this fall as prices reach lows not seen in over a decade. “One retailer I talked to said it was the cheapest nitrogen prices in 15 years,” according to Dan Mazier, president of Keystone Agricultural Producers. Prices also seem to
(Fertilizer Safety and Security Council)
Crops

Farmers wait for fertilizer prices to fall amid oversupply

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CNS Canada — As more fertilizer plants are built around the world and U.S. corn acreage shrinks, the typical thinking holds that prices for urea and nitrogen should fall, but that hasn’t been the case so far for Canadian farmers. “They’re more on the steady side,” said Todd Lewis, president of the Agricultural Producers Association
An Agrium fertilizer distribution facility west of Portage la Prairie, Man. (Dave Bedard photo)
Crops

Agrium forecasts less profitable year than expected

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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
(Photo courtesy Nutrien)
Crops

Fertilizer merger highlights big-picture concerns

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CNS Canada — A multi-billion-dollar merger between two major crop input companies is the latest in a string of consolidation efforts in North America’s agriculture industry, drawing attention again to the possible effects on the value chain. Agrium and PotashCorp announced Monday they plan to combine to create an integrated global supplier of crop inputs,
(Dave Bedard photo)
Crops, Markets

Fertilizer prices look to rise by late summer

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CNS Canada — A rise in prices for soybeans and other crops could make fertilizer more expensive in the coming months, according to a major player in the industry. In the May market report from the Mosaic Co., the company credited the rally in agricultural commodity prices, the strengthening of key currencies and various Indian
Crops

Mosaic cuts phosphate production

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Reuters –– U.S.-based fertilizer producer Mosaic Co. said Wednesday it would cut output of phosphates by up to 400,000 tonnes with rotating plant shutdowns in the first quarter, due to weak demand. Fertilizer producers have seen profits hit by falling prices, triggered in part by weak currencies in importing countries such as Brazil. “The long-term
(Dave Bedard photo)
Crops

PotashCorp forecasts bleak year ahead

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Reuters — PotashCorp has forecast its bleakest year in a decade and slashed its dividend, due to tanking fertilizer prices. Shares of PotashCorp, which also reported lower-than-expected quarterly profit on Thursday, bounced off earlier losses, climbing 1.9 per cent in New York by afternoon. On Monday they tumbled to a nine-year low. Potash prices have

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