Agrium Archives - Page 5 of 7

Agrium to buy Cargill’s U.S. ag retail business

By GFM Network News July 6, 2016

Chicago | Reuters –– U.S. grain trader Cargill has agreed to sell its ag retail business in the United States to crop input seller and distributor Agrium, the companies said Wednesday. Calgary-based Agrium, North America’s largest retail seller of crop inputs such as seed, fertilizer and pesticides, will acquire 18 ag retail locations in Nebraska, […] Read more

Crops, Reuters

Canpotex shelves plans for Prince Rupert terminal

By Reuters, GFM Network News June 17, 2016

Reuters — Canpotex, the potash export sales arm for PotashCorp, Mosaic Co. and Agrium, said Friday it would not build a planned shipping terminal at Prince Rupert in British Columbia. Canpotex said the decision was based on economic and commercial considerations and that its export capacity in Vancouver, Saint John and Portland were sufficient. PotashCorp […] Read more

Crops, Reuters

Agrium sees opportunities from major merger talk

By Rod Nickel, GFM Network News June 8, 2016

Reuters — Agrium, North America’s largest retail seller of products for crop producers, could benefit if some of the biggest makers of seed and agricultural chemicals merge, CEO Chuck Magro said on Wednesday. Responding to a question during a company investor day in Toronto about how possible tie-ups of ChemChina and Syngenta, or of Bayer […] Read more

Crops

CPS to seek buyer for Sask. farm supply outlet

By Grainews Staff, GFM Network News May 3, 2016

A deal for Agrium’s Crop Production Services (CPS) to buy a crop input retail chain in north-central Saskatchewan will require the company to sell off a retail outlet and a pair of its storage sites. The federal Competition Bureau on Monday announced it has an agreement with CPS over its planned deal to buy six […] Read more

Crops

Agrium’s forecast disappoints

By Reuters, GFM Network News February 9, 2016

Reuters — Canadian fertilizer and ag retailer Agrium has joined rival PotashCorp in forecasting a weaker-than-expected 2016 profit, as prices for crop nutrients remain weak. Agrium’s Toronto-listed shares fell as much as 5.2 per cent to $110.89, its lowest in a year, as investors ignored a better-than-expected quarterly profit. The company, which sells seed, fertilizers […] Read more

Yara’s fertilizer terminal at Stockton, California. (Sebastian Braum photo, Yara.com)

Crops

Yara to buy Agrium fertilizer upgrading plant

By Grainews Staff, GFM Network News December 7, 2015

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

Crops, Markets, Reuters

Canpotex sees terminal expansion decision late next year

By Rod Nickel, GFM Network News November 23, 2015

Winnipeg | Reuters — The new chief executive of Canpotex expects the Canadian potash trader to decide around late 2016 where to expand West Coast terminal capacity, a move that could give it a faster route to Chinese buyers in a highly competitive market. Options include building a $775 million terminal at Prince Rupert, B.C., […] Read more

Crops, Markets, Reuters

Agrium bucks fertilizer sector trend with Q3 profit

By Rod Nickel, GFM Network News November 7, 2015

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

Mosaic’s potash facility at Esterhazy, Sask. (Greg Berg photo)

Crops, Markets, Reuters

Mosaic lays off staff at Sask. potash mine

By Reuters, GFM Network News October 23, 2015

Reuters — U.S. fertilizer company Mosaic Co. has laid off 46 unionized workers, or eight per cent of the workforce, at its Colonsay, Sask. potash mine, the company said Friday, as producers struggle with weak demand. Potash prices have fallen in the past year due to excessive mining capacity and reduced demand in key markets. […] Read more

Mayo Schmidt, shown here in Winnipeg in 2007, led Viterra until 2012. (Dave Bedard photo)

Crops, Machinery, Markets

Ex-Viterra chief to take Ontario’s Hydro One public

By Grainews Staff, GFM Network News August 20, 2015

The chief executive who morphed Saskatchewan Wheat Pool from a debt-crushed grain handler into Viterra, then oversaw its sale to Glencore, has been tapped to take Ontario’s Crown-owned power utility public. Toronto-based Hydro One on Thursday announced Mayo Schmidt as its new president and CEO effective Sept. 3, replacing Carmine Marcello. “We believe that Mr. […] 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

Agrium to buy Cargill’s U.S. ag retail business

Canpotex shelves plans for Prince Rupert terminal

Agrium sees opportunities from major merger talk

CPS to seek buyer for Sask. farm supply outlet

Agrium’s forecast disappoints

Yara to buy Agrium fertilizer upgrading plant

Canpotex sees terminal expansion decision late next year

Agrium bucks fertilizer sector trend with Q3 profit

Mosaic lays off staff at Sask. potash mine

Ex-Viterra chief to take Ontario’s Hydro One public

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