*Sales deals agreed with China. LONDON, Nov 3- Sirius Minerals the UK company behind plans to mine the world biggest underground deposit of polyhalite, a fertiliser, has completed the first $1.2 billion phase of its fund-raising, it said on Thursday. The fundraising for the project in northeast England was already on the way to hitting its target after...
Fertilizer prices have plunged this year amid declining U.S. farm incomes and ample supplies, even as CF completes expansion of nitrogen facilities in Louisiana and Iowa. CF's quarterly loss totaled $30 million, or 13 cents per share, compared with a profit of $90 million or 39 cents per share a year earlier. The Deerfield, Illinois- based company's shares fell...
*Q3 adj profit 33 cents/ shr vs est 10 cents/ shr. Nov 1- U.S. fertilizer producer Mosaic Co may need to restart its idled potash mine at Colonsay, Saskatchewan next year, as international buyers work through inventories, the company said on Tuesday. Potash inventories in Brazil are low, supplies are dwindling in India and fertilizer is moving faster in China, said...
*Q3 adj profit 33 cents/ shr vs est 10 cents/ shr. Still, the average realized price of $160 per tonne of potash was much lower than $265 per tonne a year earlier. Plymouth, Minnesota- based Mosaic's net earnings fell to $39.2 million, or 11 cents per share, from $160 million, or 45 cents per share, a year earlier.
The Plymouth, Minnesota- based company sold 2.2 million tonnes of potash in the three months ended Sept. 30, compared with its forecast of 1.8-2.1 million tonnes, and up from 2.1 million tonnes last year. Still, the average realized price of $160 per tonne of potash, was much lower than $265 per tonne a year earlier. Mosaic's net earnings fell to $39.2 million, or 11...
Nov 1- Mosaic Co, the world's largest producer of finished phosphate products, reported a 75.5 percent fall in quarterly profit on Tuesday, due to lower fertilizer prices. The company's net earnings fell to $39.2 million, or 11 cents per share, in the third quarter ended Sept. 30 from $160 million, or 45 cents per share, a year earlier. The U.S. fertilizer company said net...
Brian McGee, engagement manager at Novasecta, weighs in on Bayer's proposed acquisition of agrochemical firm Monsanto.
Monsanto reported a surprise adjusted profit, helped by a drop in expenses and higher corn seed volumes.
CNBC's Geoff Cutmore speaks to Phosagro CEO Andrey Guryev, who views the recent Bayer/Monstanto deal as a positive for the agrochemical industry.
Andrey Guryev, CEO of PhosAgro, shares his views on the recent Russian election and says promises of privatization of state assets will be honored.
Comments come amid massive mergers: Bayer's $66 billion deal for Monsanto and Agrium's tie-up with Potash Corp of Saskatchewan.
CNBC's Geoff Cutmore reports on Russian fertilizer company PhosAgro and the impact of the Bayer Monsanto merger on agriculture companies.
Dr Brian McGee, engagement manager at Novasecta, discusses Bayer's expected acquisition of agrochemical firm Monsanto.
Navistar, Monsanto and General Electric are making headlines this Tuesday morning before the market open.
Bayer raises its offer for Monsanto to more than $65 billion. Jonas Oxgaard, Bernstein, explain why he thinks the odds of this deal happening are relatively slim.
John Rountree, managing partner at Novasecta, discusses the viability of Bayer's latest attempt to buy Monsanto.
CNBC's Seema Mody reports the latest on Monsanto, including the company only giving Bayer selective access to confidential information.
Mosaic, the world's top producer of concentrated phosphate, has entered talks to buy Vale's fertilizer unit, sources familiar with the matter said.
Wal-Mart Stores, Harley-Davidson and Monsanto are making headlines this morning before the opening bell.
The German pharmaceutical and chemicals firm Bayer has outlined a mammoth bid for a U.S. firm beset by reputational issues.