potash Archives - Page 11 of 16 - Canadian Cattlemen

Vale sells fertilizer unit to Mosaic

By Gustavo Bonato, Stephen Eisenhammer December 19, 2016

Brasilia/Sao Paulo | Reuters — Vale SA’s US$2.5 billion sale of its fertilizer business to Mosaic Co., the latest step in the Brazilian iron ore miner’s strategy to reduce debt, also makes it the U.S. company’s biggest shareholder. Mosaic, which made the deal to improve its access to Brazil’s vast agricultural markets, will pay $1.25 […] Read more

Crops, Markets

Fertilizer prices ‘float along’ with eyes on China, corn

By Dave Sims December 8, 2016

CNS Canada — It’s shaping up to be a typical winter season for fertilizer prices, according to an industry expert, but he cautions plant expansions in the U.S., corn acreage and the murky world of Chinese exports will all play a part in determining any price spikes in coming months. “We’re probably expecting a typical […] Read more

Crops, Reuters

PotashCorp to cut jobs, output as prices sag

By Rod Nickel November 23, 2016

Reuters — Fertilizer maker PotashCorp said Wednesday it was reducing jobs and output at one Saskatchewan mine and temporarily curtailing production at two others as the sector struggles with weak prices. The company said it would cut production at its Cory potash mine, just west of Saskatoon, to 800,000 million tonnes a year from 1.4 […] Read more

Crops, Reuters

Mosaic looks to restart Saskatchewan potash mine

By Ismail Shakil, Rod Nickel November 1, 2016

Reuters — U.S. fertilizer producer Mosaic Co. may need to restart its idled potash mine at Colonsay, Sask. next year, as international buyers work through inventories, the company said on Tuesday. Mosaic halted production in July at the mine, about 70 km southeast of Saskatoon, for the rest of 2016 due to low global potash […] Read more

Crops, Reuters

Agrium/PotashCorp merger set for shareholder approval

By John Tilak, Rod Nickel October 27, 2016

Toronto/Winnipeg | Reuters — The shareholders of Agrium and PotashCorp are set to overwhelmingly approve a merger of the two Canadian fertilizer producers, according to a source familiar with the situation, despite initial skepticism from Agrium investors. About 99 per cent of the votes from both groups of shareholders are in favour of the transaction, […] Read more

Crops, Reuters

Vale fertilizer sale seen on track despite review

By Guillermo Parra-Bernal, Tatiana Bautzer October 5, 2016

Rio de Janeiro | Reuters — Vale SA’s plan to dispose of fertilizer assets remains on track despite a request last week by Brazil’s state development bank, BNDES, to analyze the transaction more carefully, according to two people with direct knowledge of the situation. Terms of the deal, which involves the sale of certain assets […] Read more

An Agrium fertilizer distribution facility west of Portage la Prairie, Man. (Dave Bedard photo)

Crops, Reuters

Tough farm conditions right time for merger, Agrium CEO says

By Rod Nickel September 20, 2016

Reuters — Plunging crop and fertilizer prices may not have hit rock bottom yet, and the market’s weakness makes it the right time to merge leading farm input suppliers, the CEO of Agrium said on Tuesday, making his pitch to skeptical investors for a US$26 billion union with PotashCorp. “Are we at the bottom yet? […] Read more

Crops

PotashCorp, Agrium make engagement official

By Canadian Cattlemen Staff September 12, 2016

The boards of two of the heaviest hitters in Canada’s fertilizer sector have formally agreed to a $47 billion “merger of equals” deal under a new, yet-to-be-named parent company. PotashCorp, the world’s biggest fertilizer company by capacity, and rival Agrium, which is also the world’s biggest crop input retail chain, announced an agreement Monday in […] Read more

Crops, Reuters

Fertilizer merger faces easier approval at home than in U.S.

By diane-bartz, John Tilak September 2, 2016

Toronto/Washington | Reuters — Canada’s PotashCorp and Agrium are more likely to win approval for a potential merger in Canada than in the U.S., but U.S. rejection of the deal would scuttle it globally, competition lawyers said. Saskatoon-based PotashCorp and Calgary’s Agrium confirmed Tuesday they were in preliminary merger talks, toward a deal that would […] Read more

Crops, Reuters

PotashCorp, Agrium merger would send farmers to regulators

By Michael Hirtzer, Rod Nickel August 31, 2016

Winnipeg/Chicago | Reuters — North American farmers will pressure regulators to protect their negotiating leverage with fertilizer suppliers if PotashCorp and Agrium agree to merge, major farm groups said on Wednesday. The potential deal revealed on Tuesday would combine the world’s largest fertilizer producer by capacity, with the continent’s biggest network of farm retail dealers, […] Read more

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Tag Archives potash

Vale sells fertilizer unit to Mosaic

Fertilizer prices ‘float along’ with eyes on China, corn

PotashCorp to cut jobs, output as prices sag

Mosaic looks to restart Saskatchewan potash mine

Agrium/PotashCorp merger set for shareholder approval

Vale fertilizer sale seen on track despite review

Tough farm conditions right time for merger, Agrium CEO says

PotashCorp, Agrium make engagement official

Fertilizer merger faces easier approval at home than in U.S.

PotashCorp, Agrium merger would send farmers to regulators

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