Agrium profit, outlook slump on lower potash sales

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



Déjà vu all over again?

You could say a lot about the federal government’s process for ending the Canadian Wheat Board’s single-desk monopoly this week, and many have. But you have to admit Gerry Ritz’s timing was impeccable. Or rather, he lucked out. With commodity prices soaring due to the fiercest drought to grip the U.S. in more than half


Manitoba Agricultural Hall of Fame induction ceremony

Five Manitobans were honoured for their contribution to agriculture and their community at an induction ceremony for the Manitoba Agricultural Hall of Fame July 12. The Co-operator is featuring each in consecutive weekly editions. Wilf Chegwin was born and raised in Rossburn, Manitoba. In 1945, he married Thelma Menzies. The Chegwins lived at Shoal Lake

Natural gas, natural solution: Devine

It’s good for the environment, economy and food security, according to a former Saskatchewan premier

The move is on to switch heavy vehicles to natural gas, and that will benefit farmers and enhance global food security, says former Saskatchewan premier Grant Devine. There’s an abundance of cheap natural gas across the country, and new extraction technology is adding to the surplus here and abroad, he said. “We have no end


Yara eyes new Canada plant in fertilizer expansion

Yara International ASA, the world’s biggest producer of nitrogen fertilizer, is eyeing construction of a new $2-billion plant in Canada, among other options, as it looks to expand its production 40 per cent by 2016. Oslo-based Yara intends to add eight million tonnes to its global fertilizer production capacity, as projected population growth boosts demand

Farm group wants common sense applied on winter fertilization ban

Manitoba should lift its recently introduced winter fertilizer application ban to allow for more flexibility with changing weather and corresponding soil temperatures, say members of the Keystone Agricultural Producers. The year-old nutrient management regulation prohibits application of nitrogen and phosphorus between Nov. 10 and April 10, and that means farmers may not be able to


Wet soil and nitrogen don’t mix, says expert

Annoyed that you have to fork over more cash to replace lost fertilizer nutrients from last year’s flood? It could be worse, says Tom Jensen, Northern Great Plains regional director of the International Plant Nutrition Institute. On Manitoba’s relatively youthful soils deposited by glacial activity about 9,000 years ago, potassium is abundant. Farmers here apply

Cold-weather-proof biogas project to demonstrate renewable energy viability

Capturing methane gas from manure is taking the world by storm — in warm countries. In energy-poor countries of Southeast Asia, for example, biodigester facilities are popping up like mushrooms, including on large-scale livestock operations seeking less expensive and more reliable power, as well as ways to reduce odour and create a new revenue stream