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(Dave Bedard photo)
Crops, Reuters, Weather

Mosaic to cut fertilizer production as weather dampens demand

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Reading Time: < 1 minute Reuters — Mosaic Co. said Thursday it will reduce fertilizer production until market conditions improve, as a difficult harvest season in North America has led to reduced fertilizer usage. Agricultural companies’ profits have been hammered this year due to an unusually cold and wet weather that has delayed planting season in North America, and lower […] Read more
(KS-potashcanada.com)
Crops, Reuters

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

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Reading Time: < 1 minute 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
Neil Townsend (left) of FarmLink and Jason Newton of Nutrien discuss farm consolidation at the Grain World conference in Saskatoon on Nov. 28, 2019. (MarketsFarm photo by Glen Hallick)
Crops

Grain World: Farm consolidation key to increasing yields

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Reading Time: 2 minutes Saskatoon | MarketsFarm — Consolidating farms — going from numerous small operations to fewer, but much larger, farms — is central to improving crop yields, according to grain industry observers Neil Townsend and Jason Newton. Townsend is the chief market analyst for FarmLink Marketing Solutions, while Newton is the chief economist and head of marketing […] Read more
(Photo courtesy Nutrien)
Markets, Reuters

Nutrien cuts profit forecast on weak fertilizer demand

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Reading Time: < 1 minute 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
(Dave Bedard photo)
Crops

Third-quarter grain handle down for CN, CP

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Reading Time: 2 minutes Canada’s Big Two railways both booked reduced traffic but increased their revenue per carload in their grain handling segments for their third fiscal quarters ending Sept. 30. Canadian National Railway on Tuesday reported third-quarter net income of $1.195 billion on $3.83 billion in total revenues, up from $1.134 billion on $3.688 billion in the year-earlier […] Read more
BHP’s Saskatchewan potash mine project is set up north of Jansen, about 60 km southeast of Humboldt. (BHP.com)
Crops, Reuters

BHP sets early 2021 for decision on Jansen potash project

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Reading Time: 2 minutes Melbourne | Reuters — BHP Group Ltd., the world’s biggest miner, said on Thursday it will make a final investment decision on its long-delayed $17 billion Jansen potash project in Saskatchewan around February 2021. Investors have been awaiting a decision by BHP on whether to go ahead with project, which would be its most significant […] Read more
(KS-potashcanada.com)
Crops, Reuters

K+S cuts output on weak potash demand

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Reading Time: < 1 minute Frankfurt | Reuters — German mineral miner K+S will cut production of potash fertilizers, dragging core earnings lower, as a halt imposed by China on potash imports dampens global markets. “In the current weak market environment, which is further intensified by the continuing Chinese import bans on the standard potassium chloride product, adjusting production is […] Read more
Nutrien’s potash mine at Lanigan, Sask., about 100 km southeast of Saskatoon. (Nutrien.com)
Crops, Markets

Nutrien to idle three Saskatchewan potash mines

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Reading Time: < 1 minute 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
Terry Aberhart discusses variable-rate fertilizer application in comparison to flat-rate application in a hard red spring wheat crop in a 2012 video. (AberhartFarms.com via YouTube)
Crops, Machinery

Variable rate application good for soil, farmers’ bottom lines

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Reading Time: 2 minutes MarketsFarm — For Saskatchewan farmer Terry Aberhart and research scientist Alan Moulin, variable rate (VR) application is a no-brainer. In representing Sure Growth Solutions Inc. at the Global Cash Crop Conference in Winnipeg on Wednesday, Aberhart explained the cost savings farmers can achieve by applying different amounts of fertilizer. “The mentality is, if you want […] Read more
A federal ban on plastic bags won’t extend to bags such as these, shown here at a recycling depot, stewardship group Cleanfarms says. (CNW Group/Cleanfarms photo)
Crops, Machinery

Agricultural plastics not part of federal ban

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Reading Time: 2 minutes The federal government’s plan to halt Canada’s consumption of single-use plastics such as shopping bags, straws and stir sticks over the next couple of years won’t extend to farm chemical containers and grain bags. Cleanfarms, the national industry stewardship body operating waste management and recycling programs for agricultural packaging, said Thursday that plastic products such […] Read more

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