Gavilon in October last year opened a new southern Montana grain elevator, shown here, at Huntley, just northeast of Billings. (Gavilon.com)

Viterra to buy Marubeni’s U.S. grain firm Gavilon

Grain handler looking to expand reach in Americas through acquisitions

Grain firm Viterra’s plans to buy an expanded global reach are about to move forward with a 10-figure deal for the bulk of U.S. ag commodity firm Gavilon’s grain business. Viterra, owned by commodities firm Glencore and two Canadian public-sector pension funds, announced Wednesday it will pay $1.125 billion to buy Omaha-based Gavilon from the

Keefer Terminal (foreground) at the Port of Thunder Bay. (PortOfThunderBay.ca)

Thunder Bay shipping season wraps up

MarketsFarm — The last vessel of the shipping season will depart the Port of Thunder Bay on Friday. Grain handling volumes were down on the year, but increases in other categories helped limit the overall reduction in movement through the northern Lake Superior port. The 2021 navigation season will come to a close with the


Yara’s headquarters in Oslo. (Yara.com)

Yara to stop buying potash from Belarus due to sanctions

Fertilizer firm buys 10-15 per cent of country's potash output

Oslo | Reuters — Norwegian fertilizer maker Yara said on Monday it will wind down purchases of potash from Belarus by April 1 as international sanctions made it impossible to continue the trade. Yara estimates that it buys 10-15 per cent of the annual output of state-owned Belaruskali, one of the world’s largest producers of

Potash prices in China, the world’s largest consumer, are also high despite the recent release of some of that country’s potash reserve.

Potash importers brace for prolonged price rally after sanctions on Belarus

Prices are already at a 13-year high and U.S. sanctions will likely fuel further rises

Reuters – Global potash prices are set for an extended rally after the United States imposed sanctions on major supplier Belarus Potash Company (BPC), piling more pressure on farmers and consumers already facing rocketing costs and a global economy navigating rising food inflation. Prices were already at 13-year highs before the U.S. move on Dec.



Mayo Schmidt, shown here speaking in Winnipeg in 2007, has “left his position” as Nutrien’s CEO and resigned from its board, the company said Jan. 4. (Dave Bedard file photo)

Nutrien makes surprise CEO switch again despite strong profits

Abrupt change 'mighty perplexing' to analysts

Reuters — Canada’s Nutrien, the world’s biggest fertilizer producer by capacity, surprised investors by replacing its chief executive on Tuesday for the second time in eight months, even as the company rakes in strong profits. Nutrien said in a statement it named Ken Seitz, the head of its potash business, as interim chief executive after


Growers wanted for fertilizer survey

Crop alliance and Fertilizer Canada teaming up on grower survey

Manitoba Crop Alliance and Fertilizer Canada are again looking for Manitoba farmers to complete a survey on their fertility practices — this time in corn, sunflower and flax crops. Manitoba Corn Growers Association, now part of the MCA, partially funded a similar survey in 2017 for corn and canola. In a media release the MCA

Yara’s fertilizer terminal at Stockton, California. (Sebastian Braum photo, Yara.com)

Yara brings most European ammonia production back on stream

Rising fertilizer prices make resumption profitable

Oslo | Reuters — Yara has brought most of its European ammonia production back on line after prices of finished fertilizers rose to make up for a surge in the cost of gas, the Norwegian fertilizer manufacturer said on Wednesday. The company cut back ammonia production at a number of sites in Europe from September


“The long-term demand signal for canola is strong.” – Jim Everson.

Canola industry bullish on demand, nervous about emission targets

Greenhouse gas emission targets bring both potential boon and hardship to Canadian canola growers

Canadian farmers will need to grow a lot more canola to meet global demand, with emission reduction goals both a key driver and central concern, said agriculture leaders during the Canola Council of Canada’s (CCC) “Canola Week” conference on November 30. “The long-term demand signal for canola is strong,” said CCC president Jim Everson. Why

The Blair’s agro centre at Lipton, Sask. (Blairs.ag)

Buyer found for ag retailer Blair’s contested outlet

ProSoils to buy Blair's location at Lipton, Sask.

Crop input retail chain Blair’s Crop Solutions has a deal in place to sell one of its eastern Saskatchewan sites to meet its obligation to federal regulators. The chain, a joint venture between Federated Co-operatives and the Blair’s Family of Companies, announced Monday it will sell its site at Lipton, Sask., about 80 km west