GFM Network News


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Potash partnership with BHP ‘not our focus,’ Nutrien executive says

Prices surging on rising demand, Belarus sanctions

Winnipeg | Reuters — Canadian potash producer Nutrien is not focused on any potential collaboration with miner BHP Group, a senior Nutrien executive said Tuesday in the company’s first public comments about reports of possible co-operation. BHP has for years been constructing a potash mine at Jansen, Sask., near Nutrien’s six mines in the province. […] Read more

Nutrien’s potash mine near Rocanville, Sask. (Nutrien.com)

Nutrien to further bump up potash output

'Continued tightening' in market cited as potash producer Belarus sanctioned

Winnipeg | Reuters — Canadian fertilizer producer Nutrien said Monday it would boost its 2021 potash output by 500,000 tonnes, after the European Union and others imposed new trade sanctions on Belarus. Nutrien’s increase takes its potash sales outlook this year to a record-high range of 13.3 million to 13.8 million tonnes, and follows a […] Read more


Bulk wheat being loaded on a ship in a Russian port. (YGrek/iStock/Getty Images)

Russia will suspend grain exports for six weeks if quota runs out mid-May

Several supplies to Egypt might be affected, traders say

Moscow | Reuters — Russia, the world’s biggest wheat exporter, will suspend grain exports until July 1 once its export quota is exhausted, which is currently expected to happen in mid-May, its deputy agriculture minister Oksana Lut said on Friday. Russia last fully banned wheat exports in 2010 when drought hit its harvest, rocking global […] Read more

(Photo courtesy Agrium)

Uralkali shareholder wants to restore potash alliance

Minsk | Reuters — The Belarussian businessman who last week acquired a 20 per cent stake in Russian potash producer Uralkali said on Monday it would be in everyone’s interest to restore an alliance between Uralkali and Belarus, the world’s two biggest potash miners. Uralkali and the Belarussian Potash Co. (BPC) used to co-operate with […] Read more