Daily Network News

More News →

Tag Archives Potash

Crops

Brazil potash deposit has 18 years of country’s needs

By
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

Proxy battle looms for May in Agrium-Jana standoff

By
Canadian fertilizer company Agrium Inc. has failed to prove that it should keep its two main divisions together, and also needs to cut costs and use capital more effectively, activist shareholder Jana Partners said Feb. 7. Jana, the largest Agrium investor with six per cent of shares, was rebutting a presentation the company made to
Crops

Mosaic profit falls on weak China sale

reuters / Mosaic’s quarterly operating profit fell 30 per cent and the fertilizer producer said it expects potash margins to fall further in its current quarter, a reflection of its recent low-priced contract with China. China has been aggressively negotiating for lower potash prices. In December, Sinofert Holdings signed a deal with Canpotex — the
Crops, News

Canpotex signs China potash supply deal at discount

By
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

By
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
Crops, News

Potash sales suffer as China and India stop buying

Reuters / PotashCorp of Saskatchewan’s third-quarter earnings fell 22 per cent as a standoff over new contracts led to a sharp drop in shipments to China and India, the world’s two biggest consumers of the company’s namesake crop nutrient. Overseas potash shipments by North American producers dropped by one-quarter to 1.9 million tonnes in the
Crops, News

BHP in no rush to build potash mine

Reuters / BHP Billiton says it won’t decide soon on whether to build the world’s biggest potash mine in Western Canada, a project some say would exacerbate a global glut of the fertilizer. In late August, BHP pushed back to at least June 2013 a decision on building an eight-million-tonne mine at Jansen, Sask., but
Cereals, Crops, News

Barley genome breakthrough may lead to better beer

London/Reuters – An international consortium of scientists has published a high resolution draft of the barley genome in a move that could not only improve yields and disease resistance, but may also hold the key to better beer. “This research will streamline efforts to improve barley production through breeding for improved varieties,” said Prof. Robbie
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, Oilseeds, Poultry

Machinery dealers, meat packers likely to suffer

By
While U.S. crops of corn and soybeans wilt in the worst U.S. drought in a half-century, winners and losers are emerging in the agriculture sector of the Toronto Stock Exchange. Shares of Agrium Inc. and PotashCorp of Saskatchewan are up 21 per cent and eight per cent since June 1, lagging far behind the spike

AgCanadaTV

AgCanadaTV: In case you missed it; your national ag news recap for March 20, 2026

Sponsored by:
More Videos →

Latest Market News

More Market News →