BHP’s Bid For PotashCorp Tough Call For Government

Canada’s Conservative government will put its pro-business reputation on the line when it decides whether to let a foreign firm buy up resource giant PotashCorp, and Ottawa will win enemies whichever way it turns. If it says yes it will alienate supporters in the western province of Saskatchewan, whose right-leaning government both backs the federal



The $40-Billion Potash Pie – for Sep. 2, 2010

American farmers hardly noticed when, in mid- August, news broke that Australian-based BHP Billiton was willing to pay nearly $40 billion for the world’s largest fertilizer producer, Saskatchewan’s PotashCorp. The disinterest was honest; after all, who was BHP Billiton and what did it want with a Canadian fertilizer firm in the steady, if not dull,

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

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


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.

Russian Potash Firms Could Merge Too – for Aug. 26, 2010

There are many good reasons why the world fertilizer industry should consolidate. But the way two major Russian potash players have embarked on a probable merger is an illustration of why foreign investors should stay out of Russianstyle mergers and acquisitions. Suleiman Kerimov, a secretive oligarch known for often doing the Kremlin’s bidding, is in


Stability Returns To Fertilizer Prices

Farmers can expect reasonably stable fertilizer prices over the next few years – a welcome break from the wild price swings during the previous two years, according to a U. S. industry analyst. The price of fertilizer is expected to increase moderately this spring as markets return to normal. But huge price gyrations which happened

Vale Buys Mosaic’s Brazil Fertilizer Assets

Brazilian mining giant Vale obtained an option Feb. 11 to acquire the bulk of Mosaic’s fertilizer interests in Brazil, a move that will further expand its asset base in the sector. In a deal that could rake in more than $1 billion for Mosaic when completed, the U. S. fertilizer maker has given Vale an


Cheaper Fertilizer Spells Relief For U. S. Farmers

U. S. farmers who have faced lower selling prices for corn and soybeans this year should see some relief when they plant crops this spring as fertilizer prices have fallen as much as 60 per cent from the record highs of October 2008. Nitrogen, phosphate and potash – the three essential crop nutrients – have

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