(Dave Bedard photo)

K+S says retail shareholders back rejecting PotashCorp

Frankfurt | Reuters –– German salt and fertilizer company K+S AG says a survey of its retail investors shows they strongly support its rejection of a 7.9 billion euros (C$11.4 billion) takeover offer from Canada’s PotashCorp. K+S said on Monday it had surveyed retail, or non-institutional, shareholders, who hold about 30 per cent of its […] Read more







(K-plus-S.com)

K+S rejects PotashCorp offer, promises on German mines

Frankfurt | Reuters — German salt and fertilizer company K+S AG once again rejected PotashCorp’s takeover offer Friday, saying the Canadian company’s assurances about maintaining jobs and mine sites in Germany were unreliable. Saskatoon-based PotashCorp sent an unsolicited letter to K+S’s management and supervisory boards, K+S said in a statement. The letter included a proposal […] Read more



(Scott Bauer photo courtesy ARS/USDA)

U.S. grains: Soybeans, corn dip on disappointing exports, better weather

Winnipeg | Reuters — Soybean and corn futures slipped on Thursday, pressured by disappointing U.S. export sales, forecasts for mostly favorable Midwest weather and technical selling. Chicago Board of Trade (CBOT) wheat rose on better-than-expected export sales. “We had a nice bounce in corn and soybeans, so it’s a technical pullback,” said Arlan Suderman, senior […] Read more



(Deere.ca)

Fertilizer prices steady as farmers gauge fall use

CNS Canada — Farmers are starting to assess how much fertilizer they’ll use going into the fall, if at all, based on crop budgets, according to an industry analyst. Fertilizer prices are being driven by crop prices and the global market, and both those factors are keeping prices steady, said David Asbridge, president at NPK […] Read more