Agrium Archives - Page 4 of 7

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

Tough farm conditions right time for merger, Agrium CEO says

By Rod Nickel, GFM Network News 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

Fertilizer merger highlights big-picture concerns

By GFM Network News September 13, 2016

CNS Canada — A multi-billion-dollar merger between two major crop input companies is the latest in a string of consolidation efforts in North America’s agriculture industry, drawing attention again to the possible effects on the value chain. Agrium and PotashCorp announced Monday they plan to combine to create an integrated global supplier of crop inputs, […] Read more

Crops

PotashCorp, Agrium make engagement official

By Grainews Staff, GFM Network News 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

Saskatchewan farmers to launch ag retail chain

By Grainews Staff, GFM Network News September 9, 2016

A Saskatchewan family farm and seed retailing operation is set to become the home base for a new chain of crop input and seed retail stores. Brad Hanmer, who farms and operates Hanmer Seeds at Govan, Sask., about 100 km north of Regina, on Wednesday announced the launch of SynergyAG, which plans to open four […] Read more

Crops

Agrium’s CPS agrees to shed four Alberta retail sites

By Grainews Staff, GFM Network News September 4, 2016

Agrium’s Crop Production Services (CPS) arm will need to sell four ag retail sites in eastern Alberta to close on its deal to buy an independent western Prairie retail chain. The federal Competition Bureau on Thursday announced an agreement with CPS dealing with the company’s planned purchase of Andrukow Group Solutions Inc. which operates 18 […] Read more

Crops, Reuters

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

By GFM Network News 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, GFM Network News 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

Crops

Agrium, PotashCorp in merger talks

By Grainews Staff, GFM Network News August 30, 2016

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

Crops, Reuters

Agrium’s Vanscoy potash operations suspended

By Reuters, GFM Network News August 9, 2016

Reuters — Agrium’s operations at its Vanscoy potash mine in Saskatchewan could be halted for days, a union official said on Tuesday, the day after a worker was injured. An Agrium spokesman said in a statement that the company was working on a plan to restart the facility and did not expect any “material disruption.” […] Read more

Crops, Reuters

Fertilizer price slump chops profits at Agrium, CF

By Rod Nickel, GFM Network News August 3, 2016

Reuters — Two of North America’s biggest fertilizer companies reported large drops in quarterly profit on Wednesday, and warned of tough times ahead as abundant supplies weighed on prices. At U.S. nitrogen producer CF Industries, second-quarter profit fell 87 per cent — more than expected — and it warned prices would likely remain weak into […] Read more

Alberta Crop Report: Higher-than-average yields expected

U.S. livestock: Tight cattle supply helps CME futures rebound from collapse

U.S. grains: Soy futures post weekly loss on expectations for big U.S. crop

GFM Network News

Alberta Crop Report: Higher-than-average yields expected

U.S. livestock: Tight cattle supply helps CME futures rebound from collapse

U.S. grains: Soy futures post weekly loss on expectations for big U.S. crop

Tag Archives Agrium

Tough farm conditions right time for merger, Agrium CEO says

Fertilizer merger highlights big-picture concerns

PotashCorp, Agrium make engagement official

Saskatchewan farmers to launch ag retail chain

Agrium’s CPS agrees to shed four Alberta retail sites

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

PotashCorp, Agrium merger would send farmers to regulators

Agrium, PotashCorp in merger talks

Agrium’s Vanscoy potash operations suspended

Fertilizer price slump chops profits at Agrium, CF

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