Foray into bulk fertilizer pleases Federated Co-op

FCL sees more opportunities in the future after opening two prairie terminals to provide retail stores with product

HANLEY, Sask. — It recently opened and a giant fertilizer terminal is already being eyed for growth. Located in Hanley, the 96,000 sq. foot facility is one of two terminals commissioned by Federated Co-operatives Ltd. as part of a $75 million initiative to provide Co-op Agro Centres and prairie producers with crop nutrition products. “We’re […] Read more

Bayer joins in $100 million investment bet on bio fertilizer

CHICAGO, Sept 14 (Reuters) – Germany’s Bayer AG, one of the world’s biggest agricultural chemical companies, is joining a $100 million bet that the next big breakthrough in crop fertilizers will be found inside a biological Petri dish. Its Bayer LifeScience Center division, along with biotech firm Ginkgo Bioworks, is forming a startup to focus […] Read more

Make nitrogen more efficient

LANGHAM, Sask. —American corn growers are realizing a one-third increase in nitrogen efficiency by using the Exactrix TAPPS application system. TAPPS technology injects NH3 along with a liquid fertilizer blend, creating a soil environment that reduces nitrogen loss, Exactrix agronomist Guy Swanson said. “In dryland scenarios, the grower nets about 60 more (US) dollars per […] Read more

Turn on the TAPPS for better nitrogen efficiency

LANGHAM, Sask. — Farmers at the recent Ag in Motion show who want to optimize nitrogen uptake were drawn to the rubber- track trailer bearing a pair of 1,200 gallon liquid tanks flanked by a pair of 2,000 gallon anhydrous ammonia tanks. The big rig was the brainchild of Crop Production Services in Sexsmith, Alta., […] Read more

Urea depth may not be critical if soil is properly packed

For 40 years, soil scientists have recommended that farmers apply urea by banding two to three inches deep, to reduce losses to the atmosphere. But when shallow-seeded crops like canola are planted on the same toolbar used to apply urea, the depth disparity can be tricky to achieve. As well, the extra power and time […] Read more

Agrium expands retail network

Agrium is not building new fertilizer plants, but it is going to continue expanding the retail side of its business. “It is something we remain committed to and something that has been very lucrative for us,” chief financial officer Steve Douglas told investors attending BMO Capital Markets’ annual Farm to Market conference. Agrium has spent […] Read more

Genesis plans huge fertilizer supercentre west of Regina

Saskatchewan-based Genesis Grain and Fertilizer is moving ahead with plans to build the first in what it hopes will be a series of farmer-owned fertilizer supercentres. Genesis confirmed Jan. 27 that it intends to build its first fertilizer storage, blending and distribution centre at Belle Plaine, Sask., west of Regina. The proposed $24 million facility, […] Read more

Fertilizer price slump ideal time to expand: Agrium

CEO says it made sense during the low of the price cycle 
to merge with PotashCorp to speed retail growth

Farmers might want to give up on guessing when fertilizer prices will bottom out and head back up. Even the chief executive officer of what will be the world’s largest fertilizer company is in the dark on that one. “We get asked that question an awful lot, and the short answer is we don’t know,” […] Read more

Low prices cut fertilizer makers’ profit

Second quarter net earnings for PotashCorp fell 71 percent, while Mosaic Co. reported a loss of $10 million

North America’s biggest fertilizer companies reported large drops in quarterly profits last week. Two companies, Agrium Inc. and CF Industries Holdings, warned of tough times ahead as abundant supplies weighed on prices. However, Mosaic and PotashCorp indicated the worst might be over, at least in the potash sector. “We believe the uncertainty that weighed on […] Read more

Will fertilizer prices continue to fall?

PotashCorp thinks widening crop-fertilizer value gap will lift nutrient prices but a private analyst disagrees

Some of the major players in the fertilizer business believe prices are headed higher in the second half of 2016 but an industry analyst disagrees. Price direction was a hot topic during quarterly results conference calls for a number of manufacturers. PotashCorp, the world’s largest fertilizer company, showed investment analysts a chart highlighting the widening […] Read more