Daily Network News

More News →

Tag Archives Mosaic

Mosaic’s mine shaft tower from its K3 facility in southern Sask. Photo: Greg Berg
Crops, Reuters

Mosaic sees sliding fertilizer sales; cost-cutting boosts profit

By ,
Fertilizer sales look to slide through the rest of the year, U.S. producer Mosaic Co. said on Tuesday, as greater shipments into key markets by rivals in Belarus and China boost competition. The world’s largest producer of finished phosphate products reported a bigger-than-expected quarterly profit, helped by cost-cutting. Fertilizer prices have fallen as the strong […] Read more
Mosaic’s potash facility at Esterhazy, Sask. (Greg Berg photo)
Crops, Markets, Reuters

Mosaic lays off staff at Sask. potash mine

By
Reuters — U.S. fertilizer company Mosaic Co. has laid off 46 unionized workers, or eight per cent of the workforce, at its Colonsay, Sask. potash mine, the company said Friday, as producers struggle with weak demand. Potash prices have fallen in the past year due to excessive mining capacity and reduced demand in key markets. […] Read more
Limousin cattle on feed.
Livestock, News, Purely Purebred

Canadian Limousin Association elects new board members

Purely Purebred: News about you from the September 2015 issue of Canadian Cattlemen

By
Congratulations go out to the new board members of the Canadian Limousin Association (CLA) elected at its annual meeting Aug. 8 in Stratford, Ont. Terry Hepper of Zehner, Sask., is the new president and Bill Zwambag of Glencoe, Ont. is treasurer. The selection of the vice-president position was left until the next meeting. The remaining […] Read more
(Dave Bedard photo)
Crops, Markets, Reuters

Mosaic cuts potash output as demand slumps

By
Reuters — U.S. fertilizer company Mosaic Co. said Monday it would cut potash production and maintain its reduced phosphate output pace, lowering its outlook for sales. Delayed fertilizer purchases in Brazil and North America have weakened markets, along with volatile currency and equity markets and lower crop prices, Mosaic said in a statement after markets […] Read more
(Dave Bedard photo)
Crops, Reuters

PotashCorp, Mosaic profits climb less than expected

By
Reuters — North America’s two biggest potash producers, PotashCorp and Mosaic Co., reported larger first-quarter profits on Thursday, but results missed expectations. Saskatoon-based PotashCorp, the world’s biggest fertilizer maker by market capitalization, cut its full-year profit forecast, and both companies warned potash prices could slide. Prices are yet to recover after a collapse in 2013, […] Read more
(Dave Bedard photo)
Crops, Reuters

Cost-cutting Mosaic CEO collects $5.5M pay raise

By
Reuters — U.S. fertilizer producer Mosaic Co. boosted its CEO’s pay last year by more than $5 million as a reward for slashing costs and jobs, a regulatory filing shows. Construction of excess potash capacity and fiercer competition have pressured the sector, and leading North American producers Mosaic, PotashCorp and Agrium have chopped expenses. Mosaic […] Read more
(Photo courtesy Agrium)
Crops, Markets

Saskatchewan aims to ease potash tax’s price reliance

By
Winnipeg | Reuters — Resource-rich Saskatchewan wants to change the taxes it charges on production of potash, to better reflect output and lessen the influence of potash prices, the province’s economy minister said Thursday. Potash prices have weakened since 2012 as capacity has increased. Competition has also sharpened since the 2013 breakup of Belarusian Potash […] Read more

Canadian Cattlemen Presents: Depth of Field

Glacier Farmmedia Podcast

AgCanadaTV

AGCanadaTV: In case you missed it; your national ag news recap for Aug. 15, 2025

Sponsored By:
More Videos →

Latest Market News

More Market News →