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Tag Archives Fertilizer

Yara’s headquarters in Oslo. (Yara.com)
Crops, Reuters

Yara to stop buying potash from Belarus due to sanctions

Fertilizer firm buys 10-15 per cent of country's potash output

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Oslo | Reuters — Norwegian fertilizer maker Yara said on Monday it will wind down purchases of potash from Belarus by April 1 as international sanctions made it impossible to continue the trade. Yara estimates that it buys 10-15 per cent of the annual output of state-owned Belaruskali, one of the world’s largest producers of […] Read more
Mayo Schmidt, shown here speaking in Winnipeg in 2007, has “left his position” as Nutrien’s CEO and resigned from its board, the company said Jan. 4. (Dave Bedard file photo)
Crops, Reuters

Nutrien makes surprise CEO switch again despite strong profits

Abrupt change 'mighty perplexing' to analysts

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Reuters — Canada’s Nutrien, the world’s biggest fertilizer producer by capacity, surprised investors by replacing its chief executive on Tuesday for the second time in eight months, even as the company rakes in strong profits. Nutrien said in a statement it named Ken Seitz, the head of its potash business, as interim chief executive after […] Read more
Yara’s fertilizer terminal at Stockton, California. (Sebastian Braum photo, Yara.com)
Crops, Markets, Reuters

Yara brings most European ammonia production back on stream

Rising fertilizer prices make resumption profitable

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Oslo | Reuters — Yara has brought most of its European ammonia production back on line after prices of finished fertilizers rose to make up for a surge in the cost of gas, the Norwegian fertilizer manufacturer said on Wednesday. The company cut back ammonia production at a number of sites in Europe from September […] Read more
The Blair’s agro centre at Lipton, Sask. (Blairs.ag)
Crops

Buyer found for ag retailer Blair’s contested outlet

ProSoils to buy Blair's location at Lipton, Sask.

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Crop input retail chain Blair’s Crop Solutions has a deal in place to sell one of its eastern Saskatchewan sites to meet its obligation to federal regulators. The chain, a joint venture between Federated Co-operatives and the Blair’s Family of Companies, announced Monday it will sell its site at Lipton, Sask., about 80 km west […] Read more
(Alexey Rezvykh/iStock/Getty Images)
Crops, Reuters

Farmers ask U.S. Justice Department to probe fertilizer price spikes

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Reuters — Farmers have asked the U.S. Department of Justice to investigate whether recent spikes in fertilizer prices are attributable to market manipulation by fertilizer companies, according to a letter sent Wednesday by the Family Farm Action Alliance. The group, which has more than 6,000 farmer and rural members, alleges fertilizer companies are setting prices […] Read more
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, Markets, Reuters

Fertilizer shortage may lead to spring scramble

'It's next year's prices I'm worried about'

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Reuters — A global shortage of nitrogen fertilizer is driving prices to record levels, prompting North America’s farmers to delay purchases and raising the risk of a spring scramble to apply the crop nutrient before planting season. The Texas Arctic Blast in February and Hurricane Ida in August disrupted U.S. fertilizer production. Then, prices of […] Read more
Bayer’s cross symbol hangs in a terminal at Frankfurt International Airport. (Typhoonski/iStock Editorial/Getty Images)
Crops, Markets, Reuters

Bayer sees farmers pre-buying inputs as supply-chain snarls continue

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Chicago/Berlin | Reuters — U.S. farmers are pre-buying seeds and chemicals they need earlier than normal, in a bid to secure supplies for next spring amid sector-wide supply-chain problems, a top executive at German agricultural and pharmaceuticals firm Bayer said Tuesday. Bayer also estimates its average seed prices will go up about five per cent […] Read more
(Fertilizer Safety and Security Council)
Crops, Weather

Mandated cuts in fertilizer use could be costly for Canada, report warns

Fertilizer industry study, based on EU plan, points to yield losses for corn, canola, wheat

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Straight-up cuts in fertilizer rates — if imposed to help Canada meet its targets for cuts in emissions by the end of this decade — could translate to significantly reduced income for farmers, an industry group warns. Fertilizer Canada, the group representing manufacturers, wholesale and retail distributors for nitrogen, phosphate, potash and sulphur, on Monday […] Read more

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