FARM BUSINESS NEWS
CF, Mosaic Make Phosphate Deal
Mon Oct 28, 2013 01:32 PM CDT

(Dow Jones) -- Mosaic Co. agreed to buy fellow fertilizer company CF Industries Holdings Inc.'s phosphate operations for $1.4 billion in cash, consolidating this business in Florida amid continued weakness across all fertilizer products.

This past summer, the $22 billion global market for another key fertilizer ingredient, that being potash, was hit by the collapse of a sales partnership that helped underpin potash prices. Mosaic Chief Executive James Prokopanko said it is "anybody's guess" whether there will be resolution to OAO Uralkali and Belaruskali's dispute, which has weighed on fertilizer prices broadly and prompted major buyers to hold off on ...

Quick View
  • Stay on Top of SDS The distinctive yellow patches of sudden death syndrome (SDS) are surfacing in soybean fields acr...
  • Cattle Market There may be a little less bull in this fall's calf market, but the fundamentals still spell oppo...
  • Precision Ag Potential Pending Precision agriculture proponents insist the industry can revolutionize agriculture, but first mor...
  • Cash Rent Reset - 2 Iowa farmland owners Fred and Lodean Cook may consider flexible cash leases for the first time th...
  • Iowa Land Gets a Bounce Key Midwest land values are stuck in neutral or sliding below 2014 levels, recently released opin...
  • Canadian Dairy Conundrum Coping with Canada's dairy industry import tariffs and supply controls remains one of the stickin...
  • Senior Partners - 5 This fatherly financial advice is meant to prevent heartaches should the farm economy suffer anot...
  • Ask the Taxman by Andy Biebl CPA Andy Biebl answers readers' questions on depreciation recapture, defining a "true" lease and ...
  • Ask the Vet Does my calf have a hernia and is it repairable?
Related News Stories
DTN Fertilizer Outlook
DTN Retail Fertilizer Trends
DTN Retail Fertilizer Trends
Parallels to 1997
Co-op Backtracks on N Plant
CHS to Invest $2.8B in CF Inc. Unit
DTN Retail Fertilizer Trends