In Brief… – for Oct. 22, 2009

Mexico tries GM corn: Mexico, considered by many to be the cradle of corn, has issued permits to grow genetically modified corn for the first time in a bid to eventually boost production of the grain. Mexico’s Agriculture Ministry said the two permits will allow only experimental genetically modified (GM) corn crops, which will be

Fertilizer Industry Proposes Processes For Disputed Rail Rates

“Most of our plants are captive to one shipper.” – ROGER LARSON The fertilizer industry has proposed a Commercial Dispute Resolution model for dealing with quarrels with the railways over freight rates, says Roger Larson, president of the Canadian Fertilizer Institute. “Most of our plants are captive to one shipper,” Mr. Larson told the Ottawa


Fertilizer Pricing The Last Straw For Farmers

“Well, if they (farmers) won’t pay our prices, we’ll grow the grain in China or India.” In the late winter of 1975, our family was having lunch in a Brandon, Manitoba restaurant. At the table next to ours, three fertilizer executives (two local and one from the U. S.) were discussing product pricing and bemoaning

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


PotashCorp Profits Tumble

While its quarterly profits drop from previous record highs, the world’s biggest fertilizer player by capacity says it “will continue to be a patient company” and wait out farmers’ pent-up demand. Potash Corporation of Saskatchewan (PotashCorp) on July 23 posted net income of $187.1 million on $856 million in sales (all figures US$) for its

Fertilizer Companies Serve Up A Dose Of Frustration

Comments by fertilizer executives and others implying farmers are putting world food supplies “at risk” by not buying fertilizer inputs are extremely aggravating to their farm customers (see quotes from Bill Doyle in “As farmers cut back on fertilizer, the impact could reverberate far beyond Potash Corp.’s bottom line,” The Globe & Mail, April 24,


PotashCorp Deepens Production Cuts

PotashCorp of Saskatchewan said May 20 it intends to curtail 2009 potash production by an additional 400,000 tonnes in a bid to cope with the sharp decline in demand for the crop nutrient. The Saskatoon-based producer said the new round of production cuts will bring the total reductions in production to 3.9 million tonnes year

Agrium Drops To First-Quarter Loss

A drop in potash demand and tighter retail margins have led Agrium’s run of record quarterly profits into the red. The Calgary-based fertilizer and farm retail firm on May 6 posted a net loss of $60 million on net sales of $1.75 billion, down from its 2008 Q1 profit of $195 million on $1.11 billion


Fertilizer Industry Defends Its Pricing

After weeks of hearing farm groups complain about high input costs, members of the Commons agriculture committee weren’t sympathetic to statements that fertilizer manufacturers face the same supply-and-demand pressure as farmers. Alberta Conservative Blake Richards told representatives of the Canadian Fertilizer Institute that fertilizer prices are an issue government and opposition MPs have heard lots

New Broadleaf Weed Control Option In Durum

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