GFM Network News


CN halts rail traffic in East due to protests

Grain groups seek dispute resolution or enforcement of court orders

Canadian National Railway (CN) is shutting down its Eastern Canada operations due to ongoing blockades on its rail lines in Ontario. The company announced Thursday it’s been “forced to initiate a disciplined and progressive shutdown” in the region, which means “stopping and safely securing all transcontinental trains across its Canadian network.” The decision “may imminently […] Read more

Alberta’s Crop Management Network expands reach

A crop input dealer northwest of Edmonton is the newest link in the Crop Management Network ag retail chain. CMN, whose chain includes retailers in seven other central Alberta communities, said Thursday it has purchased the assets of Dow Fertilizer, which operates sites at Onoway and Mayerthorpe, effective Jan. 9. “We are very excited to […] Read more


Mosaic to cut fertilizer production as weather dampens demand

Reuters — Mosaic Co. said Thursday it will reduce fertilizer production until market conditions improve, as a difficult harvest season in North America has led to reduced fertilizer usage. Agricultural companies’ profits have been hammered this year due to an unusually cold and wet weather that has delayed planting season in North America, and lower […] Read more

K+S considering sale of stakes in potash, salt businesses

Frankfurt | Reuters — German potash and salt miner K+S said it was looking into selling stakes in its North American businesses because an ongoing cost cutting push would not yield enough savings to reach its debt reduction target. A company spokesman said K+S was considering selling a stake in its Bethune, Sask. potash mine […] Read more


Grain World: Farm consolidation key to increasing yields

Saskatoon | MarketsFarm — Consolidating farms — going from numerous small operations to fewer, but much larger, farms — is central to improving crop yields, according to grain industry observers Neil Townsend and Jason Newton. Townsend is the chief market analyst for FarmLink Marketing Solutions, while Newton is the chief economist and head of marketing […] Read more

Nutrien cuts profit forecast on weak fertilizer demand

Bengaluru |Reuters – Canadian fertilizer maker Nutrien Ltd missed third-quarter profit estimates and cut full-year earnings forecast on Monday, as it battled lower demand for its crop nutrients. Agricultural companies have seen their profits hammered by harsh weather that delayed planting season in North America and a trade war fueled uncertainty that has crimped crop demand. “Nutrien’s third-quarter […] Read more


BHP sets early 2021 for decision on Jansen potash project

Melbourne | Reuters — BHP Group Ltd., the world’s biggest miner, said on Thursday it will make a final investment decision on its long-delayed $17 billion Jansen potash project in Saskatchewan around February 2021. Investors have been awaiting a decision by BHP on whether to go ahead with project, which would be its most significant […] Read more

K+S cuts output on weak potash demand

Frankfurt | Reuters — German mineral miner K+S will cut production of potash fertilizers, dragging core earnings lower, as a halt imposed by China on potash imports dampens global markets. “In the current weak market environment, which is further intensified by the continuing Chinese import bans on the standard potassium chloride product, adjusting production is […] Read more


Nutrien to idle three Saskatchewan potash mines

Canadian fertilizer giant Nutrien plans to shut down three of its Saskatchewan potash mines for up to two months in the fourth quarter of the year. The Saskatoon company said Wednesday it “expects to proactively take up to eight-week inventory shutdowns” at its mines at Allan, Lanigan and Vanscoy, Sask. during that period. If all […] Read more

Variable rate application good for soil, farmers’ bottom lines

MarketsFarm — For Saskatchewan farmer Terry Aberhart and research scientist Alan Moulin, variable rate (VR) application is a no-brainer. In representing Sure Growth Solutions Inc. at the Global Cash Crop Conference in Winnipeg on Wednesday, Aberhart explained the cost savings farmers can achieve by applying different amounts of fertilizer. “The mentality is, if you want […] Read more