A 25 per cent tariff on Canadian goods could have serious consequences for sectors like beef and pork, but the federal minister of agriculture expressed confidence that the cross-border trade relationship can once again weather the storm.
Tag Archives Potash
Canada-U.S. relationship can weather trade disruptions, MacAulay says of Trump tariff threat
Journey to the centre of a potash mine
Reporter goes underground to see how Saskatchewan's potash is mined a kilometre under the Earth's surface
Reporter goes underground to see how Saskatchewan's potash is mined a kilometre under the Earth's surface.
Nutrien potash mine closed for investigation after fatal accident
An employee died Sunday at a Nutrien potash mine in Saskatchewan, temporarily shuttering the operation as the company conducts an investigation, the company said Monday.
Canadian potash mine in Amazon to proceed
The mine has sparked contention, with claims that it infringes on Indigenous rights in the region
Reuters – Canadian firm Brazil Potash Corp. will begin to build Latin America’s largest fertilizer mine in the Amazon rainforest this year after its project received an installation licence issued by the Amazonas state environmental protection agency (IPAAM), the company’s chief executive officer said April 9. Matt Simpson said the mine was not on officially recognized Indigenous land and the
Nutrien misses quarterly profit estimates as potash prices plummet
Fertilizer demand expected to rise in Q4
Reuters — Nutrien fell short of analysts’ estimates for third-quarter profit on Wednesday, as lower potash prices weighed on the world’s biggest fertilizer producer. Potash prices have been falling after shipments from Belarus and Russia resumed. These exports had been significantly restricted last year following Western sanctions imposed on Russia in response to its invasion
Brazil court overturns suspension of Canadian potash mine
Issue centres around Indigenous land claims in the area
Reuters – A federal Brazilian appeals court has overturned an injunction suspending the licence for Canadian-owned firm Brazil Potash Corp. to build Latin America’s largest fertilizer mine in the Amazon rainforest. The Federal Regional Tribunal 1 ruled Oct. 17 that IPAAM, an Amazon state environmental agency, has the authority to issue the licence because there is no
More affordability, usage of fertilizers in 2024, analyst says
Israel's fertilizer output normal for now
MarketsFarm — While global fertilizer prices were projected to be steady to higher in 2024, overall affordability is set to improve while usage will increase, according to one analyst. Samuel Taylor, a New York City-based farm inputs analyst for RaboResearch Food and AgriBusiness, delivered a presentation on the fertilizer market during the firm’s Fall Harvest
Thunder Bay grain shipments up on year
Grain traffic contributes to increase in overall cargo handle
MarketsFarm — Grain shipments through the Port of Thunder Bay are running well ahead of the year-ago level, with 3.747 million tonnes of grain shipped through the port on the northern shores of Lake Superior as of Aug. 31. That was up by 1.1 million tonnes from the previous year’s pace, but slightly behind the
Mosaic CEO to step down
Reuters – Fertilizer maker Mosaic’s CEO, James O’Rourke, will step down from his position effective Dec. 31, ahead of his planned retirement next year, the company said Aug. 29. Shares of the top U.S. phosphate maker fell 1.7 per cent in extended trading. Bruce Bodine, Mosaic’s senior vice-president of North America, will take charge as
Mosaic restarts Canadian potash mine
Reuters – Mosaic restarted a Canadian potash plant last month after idling it since December due to waning demand for the crop fertilizer. The company says it expects tight supplies through 2023. Mosaic restarted the Colonsay, Sask., mine to offset a short-term drop in potash production that was due to summer maintenance at the larger
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