Mosaic raises potash prices
The Mosaic Co. on Sept. 6 reported that it is increasing potash prices by $15/st, effective immediately. As a result, the company’s potash postings have moved to $250/st FOB Midwest warehouses and $220/st FOB NOLA barges.
All Posts from September 6, 2016
Agrium adds 16 Canadian outlets
Agrium Inc. said Sept. 6 that it has received regulatory approval for its Retail business, Crop Production Services, to acquire 16 locations in Western Canada from Andrukow Group Solutions Inc. The transaction is expected to be completed by mid-September.
“These acquisitions demonstrate our continued focus on growing our Retail business in key strategic regions, and will allow us to better serve our customers and provide benefits to growers,” said Agrium’s President and CEO, Chuck Magro. “The acquired locations will increase our Retail presence close to our manufacturing facilities in Western Canada, where we can optimize freight and handling, and in the U.S. Corn Belt, where we are under-represented in a key growing region. We remain committed to the strategy of growing our Retail business through multiple growth levers, including acquisitions, where we have a full pipeline of opportunities.”
CPS recently completed the acquisition of 18 locations from Cargill AgHorizons (U.S.) across the northern U.S. Cornbelt region.
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