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Farm Safety Day Gets Increased Support

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PotashCorp, the world’s leading and largest fertilizer company by capacity, will increase its support of the Progressive Agriculture Safety Day by 67 per cent for 2011. The increased support will make possible one-day farm and ranch health and safety educational events, providing lessons designed specifically for rural youth. “Safety and sustainability are among our company’s
Cereals, News, Oilseeds

In Brief… – for Mar. 3, 2011

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New president:William Hill has been appointed president of the Flax Council of Canada, replacing Barry Hall, who is retiring. Hill has 30 years experience in the Canadian grain and agricultural futures industry, including 13 years at the senior management level. Most recently he was president and COO of ICE Futures Canada (previously Winnipeg Commodity Exchange).
Crops

PotashCorp To Restart Anhydrous Plant

Citing much-improved margins, fertilizer giant PotashCorp said Feb. 1 it will launch an 18-month, US$158 million startup process for its idled anhydrous- processing operations in southern Louisiana. The Saskatoon firm in 2003 suspended ammonia processing at Geismar, south of Baton Rouge, citing prohibitively high prices for the natural gas used to make anhydrous. It kept
Crops

Bankers Say Spinoff Could Put Mosaic In Play

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Agribusiness giant Cargill Inc. plans to spin off its $24-billion majority stake in Mosaic Co., a move that could eventually lead to a takeover of Mosaic, the world’s second-largest fertilizer producer. The distribution of the 64 per cent stake in Mosaic will allow Cargill to maintain its private company status while enabling Cargill family trusts
News

Corporate Concentration Affects All Aspects Of Farming

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Complaints about corporate control of the development of new genetically engineered crop varieties have to be placed in perspective, says Gord Surgeoner, president of Ontario Agri-Food Technologies. “One of the most important things in agriculture is financing,” he told the Commons agriculture committee as part of a study of biotechnology development in the country. “I
News

BHP Kills PotashCorp Bid, Revives Shareholder Buyback

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BHP Billiton has scrapped its $39-billion bid for Canada’s PotashCorp and bowed to calls from investors to return cash, a move that came days after regulators blocked the year’s biggest takeover deal. BHP, conceding defeat for the third straight time on a major proposed merger or acquisition, signalled with its revived $4.2-billion share buyback that
Livestock, News

In Brief… – for Nov. 11, 2010

Protecting biodiversity: Delegates from nearly 200 nations agreed Oct. 29 to a sweeping plan to put the brakes on loss of species by setting new 2020 targets to ensure greater protection of nature and enshrine the benefits it gives mankind. Environment ministers from around the globe also agreed on rules for sharing the benefits from
News

Potash Important To Canada’s Future, Ritz Says

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Canada must protect its future as a supplier of food but also of the fertilizers used to produce them, says Agriculture Minister Gerry Ritz. “When we look at a strategic resource like potash – which is the basis for fertilizers and so on around the world – we do a tremendous job of supplying both
Opinion

Why Don’t The Chinese Eat Canadian Food?

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A big question in the news these days has been whether the Chinese will buy part or all of Saskatchewan’s PotashCorp. Underlying this is the recognition that China has a huge problem coming at it: how to feed itself. With little arable land and a growing middle class – estimated by some to be 700
News

Canadian Provinces Push Ottawa To Block Potash Bid

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PotashCorp’s home province was ratcheting up pressure on the Canadian government to block BHP Billiton’s hostile approach as the Nov. 3 deadline for a decision drew near. Saskatchewan, where fertilizer producer PotashCorp is based, wanted Ottawa to reject the Anglo-American mining giant’s $39-billion offer, the largest takeover bid of 2010. It says a deal would

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