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National Agriculture

Fertilizer giant Nutrien sticking to plan to boost production; potash sales slump

Fertilizer giant Nutrien sticking to plan to boost production; potash sales slump

CALGARY — Nutrien Ltd. is sticking to its plan to increase potash production, even as the Saskatoon-based fertilizer giant cut its full-year guidance for 2022 due to slumping potash sales volumes in the second half of this year.
Fertilizer greenhouse gas cuts may take longer than Ottawa wants, farm groups say

Fertilizer greenhouse gas cuts may take longer than Ottawa wants, farm groups say

The goal of reducing greenhouse gas emissions from fertilizer use by 30 per cent kicked up more dust than a tractor on a grid road when it was first announced by the federal Liberal government last summer.

Nutrien earns US$1.6B in third quarter, but lowers full-year guidance

SASKATOON — Nutrien Ltd. says it earned US$1.6 billion in the third quarter of 2022, up 118 per cent from the same three-month period in 2021. The Saskatoon-based fertilizer giant says its profit in the quarter works out to $2.
U.S. CBD company Charlotte's Web signs deal with Canadian cannabis company Tilray

U.S. CBD company Charlotte's Web signs deal with Canadian cannabis company Tilray

LEAMINGTON, Ont. — Charlotte's Web Holdings Inc. has signed a deal with Tilray Brands Inc. for the manufacturing, marketing and distribution of Charlotte's Web CBD hemp extract products in Canada.

Tribunal dismisses competition regulator's challenge of grain elevator acquisition

OTTAWA — The Competition Bureau says the Competition Tribunal has dismissed the regulator's challenge of Parrish & Heimbecker's acquisition of a grain elevator in Virden, Man. from Louis Dreyfus Co. (LDC).
Wheat futures jump as Russia pulls out of Black Sea agreement

Wheat futures jump as Russia pulls out of Black Sea agreement

CALGARY — Wheat prices spiked on Monday as Russia's withdrawal from the UN-brokered Black Sea grain agreement over the weekend ignited fresh fears about global food security.
Indoor growing could feed Canadians — and others — year-round

Indoor growing could feed Canadians — and others — year-round

Whether it was pandemic-driven supply chain delays, a war in Europe causing grain prices to spike or flooding in British Columbia disrupting rail lines and highways, the past two and a half years have shone a light on how vulnerable Canada's food sys
Canopy warns Nasdaq objects to plans for U.S. holding company, could delist pot firm

Canopy warns Nasdaq objects to plans for U.S. holding company, could delist pot firm

SMITHS FALLS, Ont. — Canopy Growth Corp. is warning a U.S. holding company it wants to set up could be delisted from the Nasdaq stock exchange, which is objecting to some of its plans. The Smiths Falls, Ont.
Canopy Growth looks to grow U.S. business with new holding company structure

Canopy Growth looks to grow U.S. business with new holding company structure

Canopy Growth Corp.'s share price surged more than 27 per cent as it announced it will fast track its plans for the U.S. market with the creation of a new U.S.-domiciled company meant to hold its cannabis investments made south of the border.
Moe touts Saskatchewan role in global energy, food security during business speech

Moe touts Saskatchewan role in global energy, food security during business speech

SASKATOON — Premier Scott Moe touted Saskatchewan’s economic prosperity driven by windfall resource revenues in a speech to business leaders while also signalling the federal government would remain a main focus for the Saskatchewan Party in the upco