NEWS
Mon May 13, 2013 12:37 PM CDT

(Dow Jones) -- Mosaic Co., one of the world's largest fertilizer producers, said Monday it will delay plans to expand potash production in western Canada while it waits for better conditions.

The company hopes to proceed with the expansion after 12 to 24 months, Chief Financial Officer Larry Stranghoener told investors in a conference call.

"We think that by waiting a year or two we may see improved labor conditions in Saskatchewan that might help bring down the cost of this project," Stranghoener said. He added that the company may have "better clarity about the long-term supply picture in the ...

Quick View
  • Stay on Top of SDS The distinctive yellow patches of sudden death syndrome (SDS) are surfacing in soybean fields acr...
  • Ample Stocks Ahead Drought recovery in many areas has led to higher stocks, brighter production prospects and modera...
  • 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...
  • Klinefelter: By the Numbers Deteriorating profit margins flip the fortunes of big renters and conservative owner-operators. I...
  • Training for Sustainability The Hmong American Farmers Association is helping producers who migrated to the United States fol...
  • Ask the Vet What are these crusty scabs on my cattle?
Related News Stories
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
Fertilizer Maker CF to Buy OCI Assets