Nutrien Archives | Canadian Cattlemen

Nutrien cuts profit forecast on weak ammonia prices

By Reuters, GFM Network News 17 hours ago

Reuters — Canadian fertilizer maker Nutrien on Monday cut its annual adjusted profit forecast as weaker-than-normal industrial demand held back prices for ammonia and urea ammonium nitrate. The company cut the top end of its 2020 adjusted earnings per share forecast to $1.90 from $2.10 earlier, while retaining the lower end at $1.50. Even as […] Read more

Crops, Reuters

Nutrien cuts 2020 forecast as corn demand, potash prices hit

By Reuters, GFM Network News May 7, 2020

Reuters — Fertilizer maker Nutrien said Wednesday it has seen limited impact from the COVID-19 outbreak, but cut its annual forecast as oil downturn hit corn demand and potash prices are hard-pressed outside North America. Biofuel producers have been hit by plummeting demand for gasoline and jet fuel after severe global travel restrictions were imposed […] Read more

Crops, Reuters

Farm suppliers race COVID-19 spread for planting season

By Tom Polansek, Rod Nickel, GFM Network News March 26, 2020

Winnipeg/Chicago | Reuters — North America’s biggest farm suppliers are accelerating shipments of fertilizer, seeds and agricultural chemicals to crop-growing regions in an unprecedented race against the coronavirus that threatens to disrupt planting season. The timing could not be worse for farmers preparing to plant crops. Disruptions in deliveries of fertilizer, seeds or chemicals could […] Read more

Crops, Reuters

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

By Reuters December 13, 2019

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

Crops

Nutrien potash mine idled despite rail strike’s end

By Dave Bedard November 27, 2019

Plans by the world’s largest ag inputs provider to temporarily idle its biggest potash mine in view of the Canadian National Railway strike will proceed, even as CN goes back to work. Saskatoon-based Nutrien announced Monday it “will be forced to curtail production” at its Rocanville, Sask. mine due to the CN rail strike. The […] Read more

Crops, Machinery, Markets, Reuters, Weather

CN strike drags on, hitting grain exports, fertilizer output

By Allison Lampert, Kelsey Johnson November 25, 2019

Ottawa/Montreal | Reuters — A prolonged strike at Canadian National Railway, the country’s largest railroad, sent further shocks through the economy on Monday with grain shipments scuttled and layoffs planned at fertilizer producers and an auto shipment terminal. As Canada’s biggest rail strike in a decade entered its seventh day, industry kept pressuring the government […] Read more

Markets, Reuters

Nutrien cuts profit forecast on weak fertilizer demand

By Taru Jain November 5, 2019

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

Crops, Markets

Nutrien to idle three Saskatchewan potash mines

By GFM Staff September 11, 2019

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

Corn, Reuters

Nutrien sees big corn comeback in 2020, following U.S. floods

By Rod Nickel July 30, 2019

Winnipeg | Reuters – Fertilizer producer and farm supply dealer Nutrien Ltd expects U.S. farmers to plant as many as 95 million acres (38.5 million hectares) of corn next year, the most in seven years, after a frustrating year of floods, its chief executive said. The wet conditions left millions of acres unplanted across the […] Read more

Crops, Markets

Nutrien merger’s effects ongoing a year later

By Ashley Robinson - MarketsFarm January 10, 2019

CNS Canada — After clearing their regulatory hurdles, Canada’s Agrium and PotashCorp merged at the start of 2018 to become the world’s largest fertilizer company, Nutrien. The partner companies had made various promises at the time and many in Western Canada were cautious, hoping for the best but not fully knowing what to expect. A […] Read more

Containerized crops may get stuck in Montreal port’s strike

Klassen: Weaker feed grains drive feeder market higher

Nutrien cuts profit forecast on weak ammonia prices

GFM Network News

Containerized crops may get stuck in Montreal port’s strike

Klassen: Weaker feed grains drive feeder market higher

Nutrien cuts profit forecast on weak ammonia prices

Tag Archives Nutrien

Nutrien cuts profit forecast on weak ammonia prices

Nutrien cuts 2020 forecast as corn demand, potash prices hit

Farm suppliers race COVID-19 spread for planting season

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

Nutrien potash mine idled despite rail strike’s end

CN strike drags on, hitting grain exports, fertilizer output

Nutrien cuts profit forecast on weak fertilizer demand

Nutrien to idle three Saskatchewan potash mines

Nutrien sees big corn comeback in 2020, following U.S. floods

Nutrien merger’s effects ongoing a year later

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