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(Fertilizer Safety and Security Council)
Crops

Farmers wait for fertilizer prices to fall amid oversupply

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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
(Photo courtesy Nutrien)
Crops, Markets

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

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Reading Time: 2 minutes 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
Application technology is expanding his N management options, says Mike Strang.
Corn, Crops

Profit-making N strategies for growing corn

After a dry season, maybe it’s time for some hard thinking about how you apply nitrogen

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Reading Time: 5 minutes Producers who applied their nitrogen in one pass this year at least minimized their application expenses. Those who opted for a split application and managed to co-ordinate it with well-timed rain perhaps gained more for their efforts. Undoubtedly, however, both are questioning if their strategy was the right way to go this time. And because […] Read more
(Dave Bedard photo)
Crops

Agrium, PotashCorp in merger talks

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Reading Time: 2 minutes Canadian fertilizer giants Agrium and PotashCorp confirmed Tuesday they’re in “preliminary discussions” toward a possible merger-of-equals. Calgary-based Agrium and Saskatoon-based PotashCorp emphasized in separate statements Tuesday that no decision has yet been made on whether to go ahead with such a merger and no agreement has yet been reached. “There can be no assurance that […] Read more
(Dave Bedard photo)
Crops, Markets

Fertilizer prices look to rise by late summer

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Reading Time: 2 minutes CNS Canada — A rise in prices for soybeans and other crops could make fertilizer more expensive in the coming months, according to a major player in the industry. In the May market report from the Mosaic Co., the company credited the rally in agricultural commodity prices, the strengthening of key currencies and various Indian […] Read more
Yara’s fertilizer terminal at Stockton, California. (Sebastian Braum photo, Yara.com)
Crops, Reuters

Fertilizer maker Yara to cut costs, raise investments

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Reading Time: < 1 minute Oslo | Reuters –– Norwegian fertilizer maker Yara plans to cut operating costs and raise investments to become more competitive and grow its business, it said in an update ahead of an investor meeting on Tuesday. The company raised its estimate for 2016 capital expenditure to 17.9 billion Norwegian crowns (C$2.8 billion) from previous guidance […] Read more
(Fertilizer Safety and Security Council)
Crops, Markets

Fertilizer expected to be pricier by springtime

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Reading Time: 2 minutes CNS Canada –– Relatively cheap natural gas has helped push down fertilizer prices for Canadian farmers over the past winter, but that should change by springtime. One Manitoba farm leader noted urea fertilizer that went for $545 per tonne last August could now be acquired for $445 per tonne. “Phosphate fertilizer was going for $721 […] Read more
Yara’s fertilizer terminal at Stockton, California. (Sebastian Braum photo, Yara.com)
Crops

Yara to buy Agrium fertilizer upgrading plant

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Reading Time: < 1 minute Canadian fertilizer firm Agrium has a buyer lined up for a U.S. nitrogen upgrading site it’s been looking to sell since April. Oslo-based fertilizer giant Yara said Thursday it’s made a deal to buy Agrium’s West Sacramento Nitrogen Operations plant for US$27 million (C$36 million) and use the facility instead as an import terminal for […] Read more
(Dave Bedard photo)
Crops, Markets, Reuters

Agrium bucks fertilizer sector trend with Q3 profit

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Reading Time: < 1 minute Reuters — Canadian fertilizer and farm retail dealer Agrium on Thursday reported quarterly profit jumped nearly nine per cent, as higher sales volumes and lower costs helped it buck the sector’s trend of weaker earnings. Weaker currencies in fertilizer-buying markets such as Brazil and India are weighing down prices, leading rivals PotashCorp and Mosaic Co. […] Read more

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