(Dave Bedard photo)

Fertilizer price slump chops profits at Agrium, CF

Reuters — Two of North America’s biggest fertilizer companies reported large drops in quarterly profit on Wednesday, and warned of tough times ahead as abundant supplies weighed on prices. At U.S. nitrogen producer CF Industries, second-quarter profit fell 87 per cent — more than expected — and it warned prices would likely remain weak into […] Read more

Mosaic’s potash facility at Esterhazy, Sask. (Greg Berg photo)

Mosaic CEO sees opportunities to buy miners’ fertilizer assets

Reuters — Miners that produce a diverse commodity mix may be willing to part with fertilizer assets, creating buying opportunities for producers of potash and phosphate, Mosaic Co. CEO Joc O’Rourke said Tuesday. Profits of fertilizer producers have tumbled because of falling prices, weak currencies in importing countries such as Brazil and excessive supplies. Mosaic, […] Read more


Federated Co-operatives builds new fertilizer terminals

Saskatoon, Sask. – Federated Co-operatives Limited (FCL) has announced it will spend $75 million to build two new state-of-the-art, high-throughput fertilizer terminals in Western Canada. “These are not only investments in agriculture, they are investments in western Canadian communities,” said Scott Banda, CEO of FCL. “The fact that we are building these facilities in a challenging […] Read more

Turkey bans ammonium nitrate sales after bomb attacks

Istanbul | Reuters — Turkey has banned the sale of fertilizers containing ammonium nitrate, which can be used in explosives, after at least half a dozen car bomb attacks this year, the agriculture minister said on Thursday. The move comes after 11 people including six police officers were killed on Tuesday in a car bomb […] Read more


Yara’s fertilizer terminal at Stockton, California. (Sebastian Braum photo, Yara.com)

Vale, Yara deny talks over fertilizer unit stake

Brasilia | Reuters — Vale SA denied a report on Wednesday that it was negotiating a sale of fertilizer assets to Norway’s Yara International as the Brazilian miner seeks to raise cash following its biggest quarterly loss in decades. Valor Economico, a Brazilian business newspaper, reported Vale could sell a minority stake in its fertilizer […] Read more

(UnivarAg.com)

Univar buys Prairie fertilizer distributor Nexus Ag

U.S. chemical distribution giant Univar has bought its way further into the Prairie crop input business by taking over Saskatoon-based fertilizer wholesaler Nexus Ag. Nexus Ag, in business in the West since 1997, deals in various North American companies’ specialty fertilizers, potash, phosphates, liquid and soluble nutrients and micronutrients such as copper, zinc and boron, […] Read more



Yara’s fertilizer terminal at Stockton, California. (Sebastian Braum photo, Yara.com)

Fertilizer maker Yara to cut costs, raise investments

Oslo | Reuters –– Norwegian fertilizer maker Yara plans to cut operating costs and raise investments to become more competitive and grow its business, it said in an update ahead of an investor meeting on Tuesday. The company raised its estimate for 2016 capital expenditure to 17.9 billion Norwegian crowns (C$2.8 billion) from previous guidance […] Read more


(Country Guide file photo)

Input costs to chip away at farmers’ shrinking income

CNS Canada — An anticipated downturn in farm income and higher input costs mean Canadian producers will be in a tough financial position this year, the head of the National Farmers Union (NFU) predicts. Farmers’ net cash income is expected to move lower in 2016, declining nine per cent to $13.6 billion in 2016, according […] Read more

Mosaic’s potash facility at Esterhazy, Sask. (Greg Berg photo)

Mosaic looks for bargain buys as fertilizer sector slumps

Reuters — U.S. fertilizer company Mosaic Co., grappling with falling prices and profits, is looking for acquisitions that could be bargain-priced in a weak commodity sector. The world’s largest producer of finished phosphate products on Thursday forecast lower selling prices for potash and phosphate in the current quarter. The Plymouth, Minn.-based company also reported fourth-quarter […] Read more