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Tag Archives fertilizer prices

Crops, Reuters

Mosaic cuts phosphate production

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Reuters –– U.S.-based fertilizer producer Mosaic Co. said Wednesday it would cut output of phosphates by up to 400,000 tonnes with rotating plant shutdowns in the first quarter, due to weak demand. Fertilizer producers have seen profits hit by falling prices, triggered in part by weak currencies in importing countries such as Brazil. “The long-term […] Read more
(Dave Bedard photo)
Crops, Reuters

PotashCorp forecasts bleak year ahead

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Reuters — PotashCorp has forecast its bleakest year in a decade and slashed its dividend, due to tanking fertilizer prices. Shares of PotashCorp, which also reported lower-than-expected quarterly profit on Thursday, bounced off earlier losses, climbing 1.9 per cent in New York by afternoon. On Monday they tumbled to a nine-year low. Potash prices have […] Read more
(Photo courtesy Agrium)
Crops, Markets

Slowdown in sales softens fertilizer market

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CNS Canada — A lack of buying throughout North and South America has put fertilizer prices under pressure, but so far, no one is lining up to capitalize on the weakness, according to an industry watcher. “Farmers aren’t in the mood to buy fall fertilizer. I think they’re more uncertain this year than they normally […] Read more
(Dave Bedard photo)
Crops, Markets, Reuters

Mosaic cuts potash output as demand slumps

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Reuters — U.S. fertilizer company Mosaic Co. said Monday it would cut potash production and maintain its reduced phosphate output pace, lowering its outlook for sales. Delayed fertilizer purchases in Brazil and North America have weakened markets, along with volatile currency and equity markets and lower crop prices, Mosaic said in a statement after markets […] Read more
Crops, Markets, Weather

Spring run on fertilizer creates challenges

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CNS Canada — Seasonal challenges are popping up for fertilizer users this spring, according to the president of Manitoba’s Keystone Agricultural Producers — but Dan Mazier says they’re not your typical ones. “The supply seems to be all right; definitely anhydrous ammonia is available,” he said. However, he’s heard some reports that this year’s phosphate […] Read more

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