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(Staff photo)
Reuters

Fertilizer maker Nutrien’s profit beats on strong potash demand

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Reuters – Canadian fertilizer and farm supplies dealer Nutrien Ltd reported a better-than-expected quarterly profit and raised its full-year adjusted profit forecast, driven by strong demand for its potash fertilizers. The world’s largest fertilizer company by capacity raised its full-year adjusted profit forecast to the range of $2.60-$2.80 per share, from its prior estimate of […] Read more
(File photo by Dave Bedard)
Crops, Machinery

Grain handle down slightly in record quarter for CP

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Grain carloads were marginally fewer but grain revenue per carload climbed 10 per cent to help Canadian Pacific Railway to its highest quarterly revenue ever. Calgary-based CP on Oct. 18 booked net income of $622 million on $1.898 billion in revenues — its “highest ever (revenues) for any quarter” — in its third quarter ending […] Read more
A Saskatchewan potash mine under storm clouds. (BobLoblaw/iStock/Getty Images)
Crops

Global fertilizer market prices vary

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CNS Canada — A mixed bag for fertilizer prices is expected over the next few months, as some continue to increase while others should drop, according to an analyst. “The fertilizer market has remained pretty firm over the past six months… we had kind of anticipated some declines across all the different nutrients, (but) they’ve […] Read more
The two ZG-TS fertilizer spreaders from Amazone incorporate a lot of digital technology.
Machinery

PHOTOS: Amazone spreaders go high-tech

Amazone adds upscale technology to its broadcast spreaders

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Amazone’s CEO, Christian Dreyer, told farm journalists that the company intended to focus on integrating sophisticated technology into its implements during a media field day in Germany in September. The brand’s fertilizer spreaders will be no exception. Two updated ZG-TS pull-type spreader models made their debut at that field day. With tank capacities of 212 […] Read more
A CN locomotive near Jasper, Alta. (Photo courtesy CN)
Crops, Machinery

Grain handle drops in CN’s first quarter

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Reduced traffic in grain, fertilizers and petroleum, against increased costs from “challenging operating conditions,” ate into the first-quarter bottom line for Canadian National Railway (CN). Montreal-based CN on Monday booked net income of $741 million on total revenues of $3.194 billion for its quarter ending March 31, down from $884 million on $3.206 billion in […] Read more
(Photo courtesy Nutrien)
Crops, Markets

Global fertilizer prices set to fall

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CNS Canada — Global fertilizer demand has been higher, leading to increased prices, but with more capacity coming online prices should start to fall, according to an analyst. “Urea prices globally have moved a little higher over the past few months. They’ve been relatively volatile, that’s just kind of a function of some better than […] Read more
(Photo by Lynn Betts, USDA Natural Resources Conservation Service)
Crops, Machinery

Industry still looking for new NH3 tank rule break

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Fertilizer Canada and the Canadian Association of Agri-Retailers (CAAR) say there will be enough anhydrous ammonia nurse tanks available to supply the fertilizer to farmers during this growing season. New Transport Canada regulations came into force Jan. 12, which affect the frequency of hydrostatic testing and visual inspection of ammonia nurse and applicator tanks and […] Read more
Blooming rapeseed field at sunset
Canola, Crops, Features

New phosphorus research for canola on the way

Canola removes more phosphorus from the ground than the recommended safe rate


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*[UPDATED MAR. 19, 2018] Farmers face a fertilizer dilemma each spring. The current safe rate for phosphorus in canola is 17 to 22 kilograms per hectare (15.2 to 19.6 pounds per acre). With good moisture, the recommendation goes up to 28 kg/ha (or 25.0 lb./ac.). But canola typically removes more phosphorus than the recommended safe […] Read more

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