Mosaic Archives - Page 3 of 6

Sulphur piles in North Vancouver on Dec. 18, 2017. (Photo: Reuters/Ben Nelms)

Price spike in sulphur leaves farmers, fertilizer makers sour

By Rod Nickel, GFM Network News December 19, 2017

Winnipeg | Reuters — Phosphate fertilizer producers such as Mosaic Co. and PotashCorp are paying the highest prices in two years for sulphur, a key ingredient in their farm products, but farmers are the ones absorbing the extra cost. Higher sulphur costs, the result of tight global supplies and strong Chinese demand, come as fertilizer […] Read more

General, Reuters, Weather

Irma whips orange trees, shuts meat plants

By GFM Network News September 11, 2017

Chicago | Reuters — Hurricane Irma stripped oranges from trees and prompted Tyson Foods to shut meat plants in Florida and Georgia on Monday to keep workers safe. Tyson, the biggest U.S. meat company, hopes to resume normal operations soon at chicken plants it shuttered in Cumming, Dawson and Vienna, Ga., and at a beef […] Read more

Crops

Canada’s antitrust watchdog clears Nutrien merger

By Grainews Staff, GFM Network News September 11, 2017

Canada’s Competition Bureau will put up no reasons why PotashCorp and Agrium shouldn’t be joined in Nutrien. The federal antitrust regulator on Monday issued a “no action” letter on the all-stock merger-of-equals that Saskatoon’s PotashCorp and Calgary’s Agrium proposed in September last year. The two companies, when merged, are to be headquartered in Saskatoon under […] Read more

Tower structure at one of Mosaic’s potash mines near Esterhazy, Sask. (Greg Berg photo)

Markets, Reuters

Mosaic shares tumble on disappointing fertilizer guidance

By Rod Nickel, GFM Network News August 1, 2017

Reuters – U.S. fertilizer producer Mosaic Co on Tuesday forecast slower phosphate sales and weaker prices for the current quarter, causing shares to plunge as much as 9 percent. The Minnesota-based company predicted third-quarter phosphate sales of 2.2 million to 2.5 million tonnes, down from 2.6 million in the second quarter. Mosaic forecast third-quarter diammonium […] Read more

Crops, Markets, Reuters

Canpotex aims for ‘material’ potash price bump from China

By Rod Nickel, GFM Network News April 12, 2017

Winnipeg | Reuters — Canadian potash exporter Canpotex is pressing Chinese buyers to pay a “material” price increase for the fertilizer in their annual supply contract, as spot values in other markets rise off multi-year lows, Canpotex’s chief executive said on Monday. “We’re not interested in some kind of ratcheting down. That is for sure,” […] Read more

Crops, Reuters

Potash prices look lower for longer as competition overheats

By Rod Nickel, GFM Network News January 26, 2017

Reuters — The deepest slump in a decade for the oversupplied potash fertilizer market may abate only slightly in 2017, major producers say, and could take years to correct due to the imminent startup of new mines. PotashCorp, the world’s biggest fertilizer producer, forecast a less profitable year on Thursday than analysts expected, and reported […] Read more

Crops, Reuters

Vale sells fertilizer unit to Mosaic

By GFM Network News December 19, 2016

Brasilia/Sao Paulo | Reuters — Vale SA’s US$2.5 billion sale of its fertilizer business to Mosaic Co., the latest step in the Brazilian iron ore miner’s strategy to reduce debt, also makes it the U.S. company’s biggest shareholder. Mosaic, which made the deal to improve its access to Brazil’s vast agricultural markets, will pay $1.25 […] Read more

Crops, Reuters

Mosaic looks to restart Saskatchewan potash mine

By Rod Nickel, GFM Network News November 1, 2016

Reuters — U.S. fertilizer producer Mosaic Co. may need to restart its idled potash mine at Colonsay, Sask. next year, as international buyers work through inventories, the company said on Tuesday. Mosaic halted production in July at the mine, about 70 km southeast of Saskatoon, for the rest of 2016 due to low global potash […] Read more

Crops, Reuters

Vale fertilizer sale seen on track despite review

By GFM Network News October 5, 2016

Rio de Janeiro | Reuters — Vale SA’s plan to dispose of fertilizer assets remains on track despite a request last week by Brazil’s state development bank, BNDES, to analyze the transaction more carefully, according to two people with direct knowledge of the situation. Terms of the deal, which involves the sale of certain assets […] Read more

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

Crops, Reuters

Water meeting safety standards after sinkhole leak, Mosaic says

By Rod Nickel, GFM Network News September 29, 2016

Reuters — Testing of nine wells near a sinkhole at a Mosaic Co. fertilizer facility in Florida, site of a massive leak of contaminated water, shows that water meets safe drinking standards for radioactivity and damage has not spread beyond the site, the company said. A sinkhole 45 feet in diameter and 240 feet deep […] Read more

Alberta crop conditions improve: report

U.S. grains: Corn sets contract lows on expectations for big US crop

U.S. livestock: Cattle strength continues

GFM Network News

Alberta crop conditions improve: report

U.S. grains: Corn sets contract lows on expectations for big US crop

U.S. livestock: Cattle strength continues

Tag Archives Mosaic

Price spike in sulphur leaves farmers, fertilizer makers sour

Irma whips orange trees, shuts meat plants

Canada’s antitrust watchdog clears Nutrien merger

Mosaic shares tumble on disappointing fertilizer guidance

Canpotex aims for ‘material’ potash price bump from China

Potash prices look lower for longer as competition overheats

Vale sells fertilizer unit to Mosaic

Mosaic looks to restart Saskatchewan potash mine

Vale fertilizer sale seen on track despite review

Water meeting safety standards after sinkhole leak, Mosaic says

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