Jan 22- Canadian fertilizer and farm retail dealer Agrium Inc said it would pay out a larger percentage of its free cash flow as dividends and buy back up to 5 percent of its shares, driving its stock up as much as 5.6 percent. Agrium said it would pay out 40-50 percent of its free cash flow as dividends, up from its earlier target of 25-35 percent. Agrium, which mines...» Read More
OSLO, Oct 22- Shares in Norwegian fertiliser firm Yara- still reeling from failed merger talks with CF Industries- fell more than 4 percent on Wednesday after it reported quarterly profit below market expectations. Yara's core profit rose 24 percent in the third quarter but slightly missed analysts' forecasts. The Yara stock was among the worst performers on...
Oct 16- U.S. farmers are cutting back on spreading fertilizer this autumn in response to a drop in crop prices to multi-year lows and a delayed harvest, dealers say, warning of a pullback that will be felt from grain markets to Canadian potash mines. Reductions in fertilizer use of an estimated 10 to 50 percent by volume could hit profits of producers such as Potash...
The herbicide is approved immediately for use in six states, and the EPA is evaluating expansion to additional states. "EPA has not followed the law," said Greg Loarie, an attorney with Earthjustice, a non-profit environmental law organization that is evaluating legal action to try to stop the commercialization of Enlist Duo. Loarie said EPA also failed to fully...
In announcing the decision, EPA said it had thoroughly evaluated the risks, including those for endangered species, that come with what is expected to be a large increase in the use of the chemical agent 2,4- D, which is an active ingredient of Enlist Duo. "EPA has not followed the law," said Greg Loarie, an attorney with Earthjustice, a non-profit environmental law...
EPA said it was applying "first-time-ever restrictions" on its approval of the herbicide, called Enlist Duo, which is designed to be used with new genetically modified crops developed by Dow AgroSciences, a unit of Dow Chemical. EPA said the approval lays out a template of new requirements for future approvals of herbicides designed for use with genetically...
EPA said that it was applying "first-time ever restrictions" to its approval of the new herbicide, called Enlist Duo, which is designed to be used with new genetically modified crops developed by Dow AgroSciences, a unit of Dow Chemical.
Oct 8- Monsanto Co, the world's largest seed company, reported a narrower fourth-quarter loss on Wednesday and said it sees continued growth in the new fiscal year on sales of corn and soybean seeds. Monsanto, known for its genetically engineered corn, soybeans and other crops as well as the popular Roundup herbicide, forecast earnings in a range of $5.75 to $6.00...
The claim by Eco Agro Resources came in a court filing in U.S. District Court in North Carolina in early September in response to an August patent infringement lawsuit against it by Koch Agronomic Services.
MOSCOW, Sept 23- Russia's Uralkali, the world's largest potash producer, expects volumes to China to remain flat or rise slightly in the first half of 2015, the company's head of sales told Reuters. Potash prices are gradually recovering after Uralkali broke a powerful trading alliance with Belarus in 2013.. Uralkali's contract with India lasts until February.
TORONTO, Sept 18- Shareholder activism is likely to gather momentum in the Canadian energy industry in the coming months, sparked by some poor stock performance, the success of past campaigns and growing support from large institutional investors.
WINNIPEG, Manitoba, Sept 3- A pickup in fertilizer demand has brightened the outlook for North American potash companies who suffered through plunging prices and profits after a European trading consortium collapsed in 2013..
Aug 25- A group of global biotech crop companies won a court victory on Monday that blocks enactment of a law passed last year limiting the planting of biotech crops and use of pesticides on the Hawaiian island of Kauai.
Aug 6- U.S. regulators on Tuesday said they are leaning toward approval of a new line of herbicide-tolerant crops developed by Monsanto Co even though they could increase problematic weed resistance for farmers. St. Louis- based Monsanto, said the APHIS move was "a noteworthy sign of progress."
Shares of Potash, Agrium and Mosaic are tumbling in pre-market action after Russian company Uralkali pulls out of a venture with Potash, reports CNBC's Carl Quintanilla.
There was little indication that the Texas facility that had a massive explosion on Thursday posed a danger to the community, according to evaluations by oversight groups.
CNBC's Carl Quintanilla reports the latest details on yesterday's deadly explosion at a fertilizer plant in Texas. And, a look at how the fertlizer stocks are reacting today, with CNBC's Josh Lipton.
Maxim Volkov, CEO of PhosAgro, says soft commodity prices will not fall, and added that flexible production lines mean PhosAgro can overcome cyclicality.
Syngenta, the world's largest agrochemicals company, said it was confident ahead of the upcoming planting season and will hike its dividend 19 percent after it posted a full-year net profit that beat expectations.
Check out his conversation with CEO James Hagedorn.
Scotts Miracle-Gro CEO, James Hagedorn discusses his company's disappointing quarter and how he plans to grow earnings, with Mad Money's Jim Cramer.