GFM Network News


Nutrien beats profit expectation on strong potash sales

Reuters — Canadian fertilizer maker Nutrien posted fourth-quarter profit above analysts’ estimates on Wednesday as potash demand rose amid rising crop prices, sending its U.S.-listed shares up in extended trade. Fertilizer producers have benefited from high U.S. crop exports, including record-large corn sales to China. With crop prices touching multi-year highs, farmers are poised to […] Read more

High fertilizer prices likely to climb more

MarketsFarm — Expect fertilizer prices to resume increasing, despite having fallen back recently. Prices began their sharp rise around the middle of December and beginning of January. “They will go higher as demand goes up at seeding time,” Mike Jubinville of MarketsFarm Pro in Winnipeg said. Jubinville reported urea prices have jumped $100 per tonne […] Read more


Federated Co-op buying into ag retailer Blair’s

Central, southeastern Saskatchewan sites to go into new joint venture

The ag retail arm of the Saskatchewan-based Blair’s Family of Companies is set to go into a joint venture with one of Canada’s biggest co-operatives. Blair’s and Federated Co-operatives (FCL) announced last week they’ve reached an agreement to set up a joint venture which, pending regulatory approvals, will own and operate the seven Blair’s ag […] Read more

Facing green push on farm, fertilizer makers look to sea for growth

Winnipeg/Oslo | Reuters — Two of the world’s biggest fertilizer producers, CF Industries and Yara International, are seeking to cash in on the green energy transition by reconfiguring ammonia plants in the U.S. and Norway to produce clean energy to power ships. The consumption of oil for transportation is one of the top contributors to […] Read more



Bibeau promises help to farmers on rising carbon tax

Funds expected to help farmers cut emissions

A steadily rising carbon tax has a lot of Western Canada’s grain farmers wondering how they’ll compete in world markets against competitors not subjected to a similar tax. “I think the world market is also looking towards a greener economy and always more sustainable agriculture,” federal Agriculture Minister Marie-Claude Bibeau said when the question was […] Read more


Expansion underway on Brandon fertilizer terminal

More storage to be added at three-year-old facility

Federated Co-operatives (FCL) has started expansion work at its next-to-new fertilizer terminal in western Manitoba, to boost its capacity by almost a third. FCL announced Monday it has budgeted $5 million to add 9,000 tonnes of capacity at the Co-op Fertilizer Terminal at Brandon, bringing its maximum storage to 36,500 tonnes. Work began at the […] Read more

U.S. puts duties on phosphate from Morocco, Russia

Reuters — The U.S. Department of Commerce said Tuesday it would set preliminary duties on phosphate fertilizer imports from Russia and Morocco, after launching an investigation to determine if producers in these countries were receiving unfair subsidies. The department set preliminary duties of 23.46 per cent on imports from Morocco’s OCP Group and other producers […] Read more


ADM, InnovaFeed to build world’s biggest insect protein plant in Illinois

Chicago | Reuters — U.S. grain trader and processor Archer Daniels Midland and French biotech company InnovaFeed announced plans on Thursday to build the world’s largest insect protein plant at Decatur, Illinois. The announcement comes amid rising global feed grain prices and tightening supplies, and as more companies work toward reducing the carbon footprint of […] Read more

Fertilizer use fuelling climate-warming nitrous oxide emissions, study says

London | Reuters — Rising use of nitrogen-based fertilizers is driving up global emissions of nitrous oxide, a lesser-known greenhouse gas, complicating efforts to limit climate change, scientists reported in a study on Wednesday. Most of the focus in curbing climate-warming gas emissions has focused on the most abundant, carbon dioxide, and one of the […] Read more