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Crops

Brazil potash deposit has 18 years of country’s needs

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Reuters / A Brazilian fertilizer deposit owned by Canada’s Brazil PotashCorp has potash reserves equal to at least 18 years of Brazil’s potassium-fertilizer needs, a source with direct knowledge of the project told Reuters. The mine project has total potassium reserves of about 500 million tonnes of which at least 125 million, or a quarter,
Crops, News

Canpotex signs China potash supply deal at discount

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Three North American potash producers have struck a six-month agreement to supply the crop nutrient to a subsidiary of China’s Sinofert Holdings Ltd. at a steep discount of US$70 per tonne from the last contract price. Canpotex Ltd., the offshore sales agency for PotashCorp of Saskatchewan, Mosaic Co. and Agrium Inc. — said on Dec.
News

Agrium profit, outlook slump on lower potash sales

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Agrium shares slumped seven per cent after it reported a 56 per cent drop in third-quarter profit on lower potash sales and offered a weaker-than-expected outlook for the fourth quarter. Downtime at Agrium’s Saskatchewan potash mine and drawn-out contract talks with China and India hurt third-quarter performance, CEO Mike Wilson said. The company’s stock had
News

India fertilizer giant eyes Saskatchewan potash

winnipeg / reuters Western Potash Corp., a junior mining company looking to build a potash mine southeast of Regina, says it is talking about a joint venture with India’s Rashtriya Chemicals and Fertilizers, among others. It hopes to open the $2.5-billion Milestone mine by 2016 and eventually produce 2.8 million tonnes of potash annually. “We
News

Russians Still Set To Hold Potash Pricing Key – for Aug. 26, 2010

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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
News

Farmers Rattled By $39-Billion Bid For Potash Corp. – for Aug. 26, 2010

The possible creation of a fertilizer giant between BHP Billiton’s and Potash Corp. has rattled U. S. and Canadian farmers who fear higher input costs if the $38.6-billion deal goes through. BHP Billiton’s acquisition offer was rejected by Canada’s Potash Corp. but the world’s largest fertilizer company said it might consider a more attractive proposition.
Crops

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
Crops

Potash Prices Decline

Potash Corp. of Saskatchewan said Sept. 16 North American potash inventories declined for a second consecutive month, but inventories at the manufacturer level continue to remain well above average. Potash pricing also declined in August – the downward move in pricing was anticipated, as North American potash producers recently agreed to cut pricing on the
Cereals, Crops

New Broadleaf Weed Control Option In Durum

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Durum wheat growers now have access to the same great weed control that spring wheat and barley growers have come to expect from DuPont Triton K herbicide. Now registered for use on durum wheat, Triton K controls some of the toughest broadleaf weeds including Group 2-resistant kochia, narrow-leaved hawk’s beard, cow cockle, wild buckwheat, flixweed

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