GFM Network News


(File photo by Dave Bedard)

Nutrien beats profit expectation on strong potash sales

Reuters — Canadian fertilizer maker Nutrien posted fourth-quarter profit above analysts’ estimates on Wednesday as potash demand rose amid rising crop prices, sending its U.S.-listed shares up in extended trade. Fertilizer producers have benefited from high U.S. crop exports, including record-large corn sales to China. With crop prices touching multi-year highs, farmers are poised to […] Read more

An ammonia and nitrogen fertilizer plant in Russia. (Saoirse_2010/iStock/Getty Images)

High fertilizer prices likely to climb more

MarketsFarm — Expect fertilizer prices to resume increasing, despite having fallen back recently. Prices began their sharp rise around the middle of December and beginning of January. “They will go higher as demand goes up at seeding time,” Mike Jubinville of MarketsFarm Pro in Winnipeg said. Jubinville reported urea prices have jumped $100 per tonne […] Read more



An ammonia and nitrogen fertilizer plant in Russia.

Fall fertilizer prices offer more good news for Prairie growers

Prices for urea, phosphate and anhydrous ammonia are all at the lower end of their normal range

Prices for urea, phosphate and anhydrous ammonia are all at the lower end of their normal range

Reading Time: 4 minutes Fertilizer prices have seen some ups and downs over the past six months, but the situation heading into winter looks favourable. “When we look at the overall input markets so far in 2020, we see that they’ve kind of eased up. For producers right now, that’s a pretty good spot to be in,” said Craig […] Read more



BHP’s Saskatchewan potash mine project is set up north of Jansen, about 65 km southeast of Humboldt. (BHP.com)

BHP covers added costs for potash project

Long-awaited decision by BHP board now expected mid-2021

“Challenges” in completing the shafts for its Saskatchewan potash project have led the world’s biggest mining company to top up the project budget by 10 per cent. BHP, in an operational review document released Tuesday for its quarter ending Sept. 30, said its board has approved another $272 million to complete the watertight concrete and […] Read more


The White Pass border crossing between Alaska and northwestern British Columbia, about 25 km north of Skagway, Alaska. The proposed A2A line would largely skirt B.C. en route from Alberta to Alaska. (Thierry64/iStock/Getty Images)

Trump-backed Canadian railway to Alaska faces high hurdles

Proponents say line could move grain, fertilizer as well as oil

Winnipeg/Washington | Reuters — A private-sector proposal endorsed by U.S. President Donald Trump to build a railway from Canada’s oil sands to ports in Alaska would free landlocked crude but faces numerous steep challenges. Trump wrote on Twitter over the weekend that he would issue a permit for the Alaska-Alberta Railway Development Corporation (A2A Rail) […] Read more




(PortOfThunderBay.com)

Thunder Bay wraps up active shipping season

MarketsFarm — The last cargo vessel of the year departed the Port of Thunder Bay on Sunday, bringing total cargo shipments through the facility to their highest level in half-a-decade. “Strong shipments of Prairie-grown grain and other dry bulk commodities from Western Canada buoyed the port’s cargo tonnage to 9.3 million metric tonnes, the highest […] Read more