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CF Industries’ UAN plant at Donaldsonville in Louisiana. The company also makes UAN at plants in Ontario, Iowa and Oklahoma. (Thyssenkrupp-industrial-solutions.com)
Crops, Reuters

CF Industries profit soars as sanctions raise fertilizer prices

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Chicago | Reuters — CF Industries on Wednesday reported quarterly earnings climbed 485 per cent as the fertilizer maker ramped up U.S. shipments after Russia’s invasion of Ukraine catapulted prices for crop nutrients. Top fertilizer producers including CF, Nutrien and Mosaic Co. have benefited as sanctions on exporters Russia and ally Belarus limited global supplies […] Read more
Nutrien’s Patience Lake potash facility, about 15 km east of Saskatoon. (Nutrien.com)
Crops, Reuters

Nutrien may further raise potash output as sanctions curb other supplies

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Chicago | Reuters — Canada’s Nutrien, the world’s largest fertilizer company, is weighing further increases to potash production as sanctions continue to limit shipments from Russia and Belarus, interim CEO Ken Seitz said on Tuesday. Prices of crop nutrients such as potash have skyrocketed as sanctions against Russia for its invasion of Ukraine have disrupted […] Read more
(Nutrien video screengrab via YouTube)
Crops, Reuters

Nutrien bolsters profit forecast on surging fertilizer prices

Fertilizer sector set for biggest profits in years

By
Reuters — Nutrien Ltd. on Monday raised its full-year earnings forecast well above estimates after posting a more than 10-fold jump in first-quarter profit, as the world’s largest fertilizer company benefits strongly from soaring prices of crop nutrients. Prices of essential crop nutrients such as potash and phosphate skyrocketed in the quarter, touching near-record levels, […] Read more
(Photo courtesy Canada Beef Inc.)
General, Markets, Weather

AgriStability enrolment deadline extended for 2022

Two-month extension in place for fourth year in a row

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The deadline for Canadian farmers to enroll in AgriStability has been extended for two months — making 2022 the fourth year in a row with a enrolment deadline bump for the farm income stabilization program. The enrolment deadline without penalty for the 2022 program year was previously scheduled for this Saturday, April 30, but is […] Read more
(Video screengrab from CBSA-asfc.gc.ca)
General, Reuters

U.S. extends COVID vaccine requirements for non-citizens at land borders

U.S. agribusinesses still seeking exemptions for cross-border truckers

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Washington | Reuters — The United States government said Thursday it’s extending a requirement that non-U.S. citizens crossing land or ferry terminals at the U.S.-Canada and U.S.-Mexico borders must be vaccinated against the coronavirus. The requirements were first adopted in November as part of reopening the United States to land crossings by foreign tourists after […] Read more
Syngenta’s headquarters in Basel, Switzerland. (Photo courtesy Syngenta)
Crops, Fruit/Vegetables, Reuters

Italian court upholds veto against Syngenta purchase of seed producer

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Rome | Reuters — An Italian administrative court ruled that a government veto of the purchase of seed producer Verisem by Chinese-owned Syngenta was valid, the agrochemicals giant said on Wednesday. Prime Minister Mario Draghi blocked the proposed takeover in October, the second time he used the special “golden power” rules to ward off an […] Read more
Workers in the JBS beef plant at Brooks, Alta. appear in a screen shot from a 2018 corporate video. (JBS Canada video screengrab via YouTube)
General

Changes to TFW program to expand worker availability

Workplace LMIAs now valid for 18 months

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The federal government is boosting the availability of temporary foreign workers (TFWs) to ag and other understaffed sectors under a list of policy changes announced Monday. Employment and Workforce Development Minister Carla Qualtrough announced what’s called the Temporary Foreign Worker (TFW) Program Workforce Solutions Road Map, which the government said “marks the next step in […] Read more
AAFC’s Drought Monitor map for the period ending March 31, 2022. (Agriculture.canada.ca)
Crops, Weather

Drought severity easing across much of Prairies, AAFC reports

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MarketsFarm — Drought conditions persisted across much of the Prairies during the month of March, although the extent and severity of the dryness was reduced in many areas, according to the latest Drought Monitor report from Agriculture and Agri-Food Canada (AAFC). “While there have been substantial improvements to drought conditions across Western Canada since last […] Read more
(Lightspeedshutter/iStock/Getty Images)
Crops

Advance Payments Program to offer 100 per cent up front

Feds temporarily waive 60 per cent up-front limit

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Canadian farmers seeking pre-production cash advances under the federal Advance Payments Program ahead of this year’s spring seeding will be able to get the entire eligible amount up front. Federal Agriculture Minister Marie-Claude Bibeau on Wednesday announced a “temporary waiving” of the program’s usual requirement that pre-production cash advances be issued in instalments of 60 […] Read more
A drone photo from the Sampona commune of Madagascar on Feb. 11, 2022, shows Zebu cattle drinking water from a large puddle created from Cyclone Batsirai. The island nation’s south has been experiencing severe drought for the past four years, putting it in danger of what the World Food Programme calls “the world’s first climate change famine.” (Photo: Reuters/Alkis Konstantinidis)
General, Reuters, Weather

U.N. to roll out global early-warning systems for extreme weather

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London | Reuters –– With climate change fueling dangerous weather worldwide, the United Nations is pledging that early-warning weather monitoring will cover everyone on the planet in five years. “Half of humanity is already in the danger zone,” U.N. Secretary-General António Guterres said earlier this week. And yet, “one-third of the world’s people, mainly in […] Read more

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