Floods drown Prairie crops, ruin old supplies

Winnipeg | Reuters –– Floods that washed across Saskatchewan and Manitoba last weekend hit farmers twice, drowning newly seeded fields of wheat and canola, while also ruining stockpiles of last year’s crops. Heavy rain of up to 260 millimetres (10.2 inches) swamped the eastern side of Western Canada’s crop belt last weekend, submerging crops, washing […] Read more









(Dave Bedard photo)

Agrium CEO not aiming solely at job cuts to pare costs

Reuters — Canadian fertilizer and ag retail company Agrium is not looking to broadly cut costs and staffing levels, but its drive to become more efficient could lead to some job losses, CEO Chuck Magro said. As profits fall sharply, Agrium’s peers Mosaic Co. and PotashCorp have already announced major cuts to their respective workforces. […] Read more

(Dave Bedard photo)

Mosaic to cut over 500 jobs as profit tumbles

Reuters — U.S. fertilizer company Mosaic Co. said Tuesday it will eliminate more than 500 jobs in the next year as it reported a larger-than-expected 43 per cent drop in quarterly profit. The fertilizer sector has been under pressure since last summer’s breakup of one of the world’s biggest potash traders, Belarusian Potash Co., led […] Read more