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Chemicals Fertilizers and Agricultural Chemicals

  • WINNIPEG, Manitoba, Oct 5- Dwindling inventories of the crop nutrient potash held by Chinese buyers could lead to an earlier 2017 sales contract with Canpotex Ltd, the offshore sales arm for Canadian mines operated by Potash Corp of Saskatchewan, Mosaic Co and Agrium Inc, the chief executive of Canpotex said. Seitz said he returned two weeks ago from China where he...

  • Monsanto scientist inspecting corn plants

    Monsanto reported a surprise adjusted profit, helped by a drop in expenses and higher corn seed volumes.

  • Oct 5- U.S. seeds and agrochemicals company Monsanto Co, which agreed last month to be bought by Germany's Bayer AG for $66 billion, reported a surprise adjusted profit, helped by a drop in expenses and higher corn seed volumes. However, net sales in the company's corn seeds and traits business jumped 34 percent in the three months ended Aug. 31 as corn seed volumes...

  • Oct 5- U.S. seeds and agrochemicals company Monsanto Co, which agreed last month to be bought by Germany's Bayer AG for $66 billion, reported a surprise adjusted profit, helped by a drop in expenses and higher corn seed volumes. The St. Louis, Missouri- based company had been expected to report a loss on an adjusted basis, reflecting a slump in commodity prices and a fall...

  • Oct 5- U.S. seeds and agrochemicals company Monsanto Co, which agreed last month to be bought by Germany's Bayer AG for $66 billion, reported a smaller quarterly loss on Wednesday, helped by higher corn seed volumes and lower expenses. The net loss attributable to Monsanto narrowed to $191 million, or 44 cents per share, in the fourth quarter ended Aug. 31 from $495...

  • LONDON/ BRUSSELS, Sept 29- Europe's food safety watchdog will release data from some of the scientific studies it reviewed in its assessment of glyphosate, an ingredient in Monsanto's widely used herbicide Roundup and subject of a fierce row over possible cancer risk. Glyphosate, which is used in Roundup as well as other companies' weed-killers, is at the heart of...

  • MOSCOW, Sept 26- Russia- focused fertilizer producer Eurochem is planning to issue Eurobonds in dollars with a maturity of three and a half years to refinance its debt, two financial market sources told Reuters. The roadshow for the new issue will start on Sept. 28 and will take place in Europe and the United States, the sources said. Switzerland- based Eurochem, owned...

  • WASHINGTON, Sept 20- U.S. lawmakers expressed concern on Tuesday over a wave of mergers among companies that sell farmers their seeds, herbicides and insecticides, worrying that the deals could lead to higher prices and less innovation at a time of dropping farm incomes. Senator Richard Blumenthal, a Democrat from Connecticut, said the proposed mergers of Dow...

  • CNBC's Geoff Cutmore speaks to Phosagro CEO Andrey Guryev, who views the recent Bayer/Monstanto deal as a positive for the agrochemical industry.

  • The majority of Russian people are in line with Putin: PhosAgro CEO

    Andrey Guryev, CEO of PhosAgro, shares his views on the recent Russian election and says promises of privatization of state assets will be honored.

  • Andrey Guryev, chief executive officer of PhosAgro.

    Comments come amid massive mergers: Bayer's $66 billion deal for Monsanto and Agrium's tie-up with Potash Corp of Saskatchewan.

  • PhosAgro warns fertilizer output needs to fall

    CNBC's Geoff Cutmore reports on Russian fertilizer company PhosAgro and the impact of the Bayer Monsanto merger on agriculture companies.

  • CHICAGO, Sept 16- Glyphosate, the key ingredient in Monsanto Co's Roundup herbicide, is not likely carcinogenic to humans, the U.S. Environmental Protection Agency said on Friday as it outlined its current position on the controversial chemical. The EPA has been involved in a decades-long process to assess human and animal health risks, as well as ecological...

  • CHICAGO, Sept 16- The U.S. Environmental Protection Agency on Friday said its current position on glyphosate, the key ingredient in Monsanto Co's Roundup herbicide, is that the chemical is not likely carcinogenic to humans. The agency's "proposed" position on the controversial chemical was outlined in a 227- page paper it published on the regulations.gov...

  • *Rationale is to develop new product combinations. FRANKFURT, Sept 16- Bayer's $66 billion purchase of Monsanto amounts to a long-term bet that farmers will grow to trust combinations of seeds and pesticides rather than continue to pick from ranges of separate products. I was offered one deal of that and I turned it down because it locked me into one supplier, "said...

  • WINNIPEG, Sept 15- Canada's Agrium Inc will woo reluctant shareholders next week in Toronto to support its proposed merger with Potash Corp of Saskatchewan Inc, and seek to appease concerns that it has little to gain by marrying its fertilizer rival. Shareholders, including Montrusco, plan to meet with Agrium on Tuesday in Toronto. Agrium stock fell 6 percent in...

  • Dr Brian McGee, engagement manager at Novasecta, discusses Bayer's expected acquisition of agrochemical firm Monsanto.

  • It would combine Potash's crop nutrient production capacity, the world's largest, with Agrium's farm retail network, North America's biggest, plus its own potash mine and fertilizer plants. Agrium Chief Executive Officer Chuck Magro will be CEO of the merged company. Potash Chief Executive Jochen Tilk, who will become executive chairman, said the structure...

  • Potash Corp shareholders will own 52 percent of the new company, with Agrium shareholders owning the rest if the deal closes in mid-2017 as the companies hope, they said on Monday. Agrium Chief Executive Officer Chuck Magro will be CEO of the merged company, whose market capitalization is projected at $26 billion. Potash Corp is already the world's biggest crop...

  • TORONTO, Sept 12- Canada's main stock index slipped on Monday as banks fell with a retreat in overseas equities markets, but losses were cushioned by companies gaining on domestic merger activity. Open Text Corp soared 7.8 percent to C $84.02 after the software company said it had agreed to buy Dell-EMC's enterprise content division for $1.62 billion.