Legislation passed on Thursday by the Canadian Federal Government will dissolve the Canadian Wheat Board.
Articles Tagged "farmers"
By Leia Michele Toovey- Exclusive to Potash Investing News In anticipation that its 2010 potash sales will increase by 50 per cent, Russian based Belarusian Potash Co (BPC) has hiked the price it charges for the nutrient. BPC customers in Brazil and Asia can expect to pay $410 per tonne of standard grade potash, up [...]
By Leia Michele Toovey- Exclusive to Potash Investing News China, the world’s largest consumer of potash, will reportedly seek lower prices for the fertilizer component just weeks after the ink dried on the contract between India and International Potash Company (IPC), the marketing arm of Russia’s biggest potash producer, for $460 per tonne. As reported [...]
By Leia Michele Toovey- Exclusive to Potash Investing News Potash prices are poised to drop about 25 per cent, after Russia’s Silvinit set a precedent by undercutting fellow potash producers by setting a long term contract with India at a record low of $460 per metric tonne. International Potash Co, the marketing arm of Russia’s [...]
By Leia Michele Toovey-Exclusive to Potash Investing News As the recession spread across the globe, the value of crops plummeted and equity froze, forcing farmers into delaying applications of much needed fertilizer to their fields. This postponement has set the stage for the potash industry to boom. Farmers may skip using potash fertilizer for [...]
Russian potash miner Uralkali’s outlook for a recovery in the industry has remained clouded as farmers, eyeing weak prices on other fertilisers, talked tough on prices. For full story, click here
The National Farmers Union is looking forward with jaded eyes at an invitation from the Competition Bureau to discuss proposed fertilizer company mergers which include five largest North American fertilizer companies that is Agrium, CF, Terra Industries, Potash Corp. of Saskatchewan Inc. and Mosaic Co. that had combined 2007 profits of $3 billion and combined [...]
By Leia Michele Toovey- Exclusive to Potash Investing News It is no mistake that the US led the world into the current economic crisis. The power to lead the world out rests in the hands of the Asian economies, especially China. Chinese demand is a major driving force; it has the ability to push the [...]
Farmers delayed fertilizer purchases in the second half of last year amid speculation that prices would continue declining while Mosaic and other producers curtailed output. For full story, click here
By Leia Michele Toovey- Exclusive to Potash Investing News In 2007 and 2008, a perfect storm of events led to record high fertilizer prices. The rapidly expanding world economy in these two years led to an increase in worldwide grain production. Expanding grain production increased demand for fertilizer. Record natural gas prices ushered in record high [...]