Chemicals Fertilizers and Agricultural Chemicals

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  • LONDON, May 16- The weed-killing pesticide glyphosate, made by Monsanto and widely used in agriculture and by gardeners, probably does not cause cancer, according to a new safety review by United Nations health, agriculture and food experts. In a statement likely to intensify a row over its potential health impact, experts from the U.N.' s Food and Agriculture...

  • The documents, which included a report that said glyphosate is not likely to be carcinogenic to humans, were posted by the EPA on April 29 and taken down from a website the government agency manages on May 2. The letter, sent from the agriculture committee of the U.S. House of Representatives, marks the latest salvo in an ongoing debate over the EPA's role and...

  • BERLIN/ BRUSSELS, May 12- Germany looks set to abstain in a European Union vote next week on the continued use of glyphosate in weed killers because ministries run by different parties remain at odds over the chemical which some experts say could be carcinogenic. Experts from the EU's 28 member states will hold a closed-door meeting on Wednesday and Thursday in...

  • SHANGHAI, May 5- Numerous issuers of high-yield notes are due to make debt payments in May in the US $8 trn Chinese bond market, which is pricing in increasing risks after an unprecedented number of defaults so far this year. "With more credit events happening, it is possible that onshore agencies will issue more downgrades and that could further reprice the credit...

  • *China bond markets price in increasing risks. SHANGHAI, May 5- A long list of high-yield bond issuers are due to make debt payments in May in the $8 trillion market, which is pricing in increasing risks following an unprecedented number of defaults this year. Nanjing Yurun Food Co Ltd, a unit of China Yurun Food Group Ltd, and fertilizer maker Inner Mongolia Nailun...

  • The company's net sales fell 21.7 percent in the first quarter to $1.67 billion, but beat the average analyst estimate of $1.56 billion. Mosaic, which cut 8 percent of its workforce at a Canadian mine in October, on Wednesday lowered its 2016 capital expenditures to the range of $800 million to $900 million from its previous estimate of $0.9 billion to $1.1...

  • May 4- U.S. fertilizer company Mosaic Co reported a nearly 13 percent fall in quarterly profit on Wednesday, hampered by weak potash and phosphate prices. The net profit attributable to the world's largest producer of finished phosphate products fell to $256.8 million, or 73 cents per share, in the first quarter ended March 31, from $294.8 million, or 80 cents per...

  • IRLBACH, Germany, May 4- Global pesticides, seeds and fertiliser companies may be forced to re-engineer their business models as farmers adopt specialist technology that helps maximise harvests while reducing the use of crop chemicals. "If our only goal is to sell as much inputs as possible by the litres of chemicals, I think we would have a real problem going...

  • May 4- Global pesticides, seeds and fertilizer companies may be forced to re-engineer their business models as farmers adopt specialist technology that helps maximize harvests while reducing the use of crop chemicals. The following are ways in which new technology could boost productivity in agriculture:. -FARMERS' NEW EYES AND EARS: Drones, satellites and...

  • *Cuts 2016 EPS to 60- 80 cents from 90 cents- $1.20/ share. *Sees Q2 EPS 15- 25 cents vs estimate of 27 cents. Near term, cutting the dividend may be the best option, although Potash should weigh alternatives, such as selling stakes in other fertilizer companies, said Ryan Bushell, portfolio manager at Leon Frazer& Associates, which owns shares.

  • Potash prices have fallen sharply over the past year due to overcapacity, declining farm income and weak currencies in major consumers such as India and Brazil. The company cut its 2016 earnings forecast to 60 cents- 80 cents per share from 90 cents- $1.20 per share. The company's net earnings fell to $75 million, or 9 cents per share, in the three months ended March 31,...

  • April 28- Potash Corp of Saskatchewan, the world's biggest fertilizer company by capacity, reported a 79.7 percent fall in first-quarter profit, hurt by weak potash prices. The company's net earnings fell to $75 million, or 9 cents per share, in the three months ended March 31, from $370 million, or 44 cents per share, a year earlier. Revenue fell 27.4 percent to $1.21...

  • LONDON, April 18- The latest dispute to blow up around the International Agency for Research on Cancer concerns glyphosate, an ingredient in one of the world's most widely-used weed killers, Roundup, made by Monsanto. The World Health Organization- IARC's parent organisation- and the United States Environmental Protection Agency, which first assessed...

  • LONDON, April 18- The latest dispute to blow up around the International Agency for Research on Cancer concerns glyphosate, an ingredient in one of the world's most widely-used weed killers, Roundup, made by Monsanto. The World Health Organization- IARC's parent organization- and the United States Environmental Protection Agency, which first assessed...

  • TORONTO, April 14- Canada's main stock index fell slightly on Thursday as lower commodity prices weighed on energy and mining stocks, while financial sector stocks rose. Barrick Gold Corp fell 3.7 percent to C $19.81, while Goldcorp Inc was also down 3.7 percent at C $21.31. Fertilizer producers also dragged, including a 5.3 percent drop in Agrium Inc to C $107.02...

  • TORONTO, April 14- Canada's main stock index was flat in morning trade on Thursday as materials stocks weighed and Bombardier Inc jumped on speculation of a pending order for its aircraft. The most influential weights on the index included fertilizer producers Agrium Inc, which fell 4.5 percent to C $107.85, and Potash Corp, down 2.5 percent to C $20.85 after...

  • *European Commission had proposed 15- year renewal. BRUSSELS, April 13- European politicians advised on Wednesday that the herbicide glyphosate should only be approved for another seven years, rather than the 15 proposed by the EU executive, and should not be used by the general public. Angelique Delahaye, a French member of the European People's Party, the main...

  • PARIS, April 8- France's health and safety agency is poised to ban weedkillers that combine chemicals glyphosate and tallowamine because of concerns over possible health risks, it said Friday. The agency had reviewed products combining glyphosate and tallowamine after conclusions published in November by the European Food Safety Agency suggested there...

  • PARIS, April 8- France's health and safety agency has decided to ban weedkillers that combine chemicals glyphosate and tallowamine because of uncertainty over possible health risks, it said on Friday. Glyphosate, a common ingredient in weedkillers such as Monsanto's Roundup, has been the subject of fierce debate in the past year since a World Health...

  • BEIJING, April 8- Around 400 Chinese citizens have signed a letter to protest the purchase of Swiss-based seeds and pesticides company Syngenta by state-owned ChemChina, saying the deal would eventually lead to genetically modified crops being sown across swathes of the country. It also underscores fears among some of the public that the government is...