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(Fertilizer Safety and Security Council)
Crops

Farmers wait for fertilizer prices to fall amid oversupply

By
Reading Time: 3 minutes CNS Canada — As more fertilizer plants are built around the world and U.S. corn acreage shrinks, the typical thinking holds that prices for urea and nitrogen should fall, but that hasn’t been the case so far for Canadian farmers. “They’re more on the steady side,” said Todd Lewis, president of the Agricultural Producers Association […] Read more
(Country Guide file photo)
General, Machinery

Stats from 2016 show uptick in net farm income

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Reading Time: 2 minutes Statistics show slightly lower costs for fertilizer, fuel and cattle and calf purchases in 2016, against higher crop sales and program payments, led to a rise in realized net farm income last year. Statistics Canada on Wednesday released data showing Canadian producers’ realized net farm income — the difference between cash receipts and operating expenses, […] Read more
BHP Billiton, whose Jansen, Sask. mine shaft is shown here, describes the mine as its “most advanced” project but still in its feasibility study stage. (BHPBilliton.com)
Crops, Reuters

BHP stays course on potash mine few expected built

By
Reading Time: 2 minutes New York | Reuters — BHP Billiton’s Canadian potash mine will use advanced, cost-saving technology, giving it a competitive edge in a currently oversupplied fertilizer market, the executive in charge of the business said on Thursday. Australia-based BHP aims to start potash production at Jansen, Sask., about 70 km southeast of Humboldt, in 2023, eventually […] Read more
The next big disruption in agriculture
Crops, Guide Business, Opinion

The next big disruption in agriculture

Sometimes a shock to the system can be a very good thing

By
Reading Time: 6 minutes In the business world, there’s a term to describe an event that completely changes an existing industry or market. It’s called a disruptor, and it changes how we think, work, and do business. It can be argued that agriculture has gone through three major disruptions in the last century: the mechanization of farming; the arrival […] Read more
(Dave Bedard photo)
Crops, Reuters

Agrium posts smaller-than-expected loss for quarter

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Reading Time: < 1 minute Reuters — Agrium, the world’s biggest farm retailer, reported a smaller-than-expected loss on Monday, helped by higher selling prices for potash. The Calgary-based fertilizer and ag retail firm sold 636,000 tonnes of wholesale potash in the first quarter ended March 31 at an average of $208 per tonne, compared with 456,000 tonnes at $199 per […] Read more
(Dave Bedard photo)
Crops, Reuters

PotashCorp notches higher profit as sales climb

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Reading Time: 2 minutes Reuters — Saskatchewan-based PotashCorp reported a bigger-than-expected rise in quarterly profit on Thursday and raised its full-year outlook, citing lower costs and increased sales volumes. Shares of the Saskatoon-based fertilizer producer rose 1.6 per cent in early New York trading, touching a three-week high. Revenue was lower in the first quarter due to weaker prices […] Read more
Salford introduced a prototype 20-ton air boom dry-product applicator at Canada’s Farm Progress Show in Regina.
Machinery, Machinery Guide

Ag-market sees new interest in dry-product spreaders

New machines designed to broadcast dry fertilizer are hitting dealerships for the 2017 season

By
Reading Time: 5 minutes For years, one-pass seeding systems that incorporate fertilizer application with the seeding pass had producers turning their backs on dry spreader systems. Many older designs of spinner spreaders lacked the precision that producers could now get from direct-seeding systems. But the logistical demands of getting everything done in one seeding pass have a few growers […] Read more
(CPR.ca)
Crops, Machinery

Grain revenue, grain handle higher in CP’s Q1

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Reading Time: < 1 minute Increased grain and potash traffic and revenue helped Canadian Pacific Railway book a shift to “positive volumes” in its first-quarter ledger. Calgary-based CP on Wednesday reported net income of $431 million on revenues of $1.603 billion for its quarter ending March 31, down from $540 million on $1.591 billion in the year-earlier period. “We turned […] Read more
(Dave Bedard photo)
Crops, Markets, Reuters

Canpotex aims for ‘material’ potash price bump from China

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Reading Time: 2 minutes Winnipeg | Reuters — Canadian potash exporter Canpotex is pressing Chinese buyers to pay a “material” price increase for the fertilizer in their annual supply contract, as spot values in other markets rise off multi-year lows, Canpotex’s chief executive said on Monday. “We’re not interested in some kind of ratcheting down. That is for sure,” […] Read more

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