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Exclusive-Nutrien mulls Latam divestments after losses, management exodus

SAO PAULO (Reuters) -Nutrien Ltd., the world's largest producer of potash fertilizer, is mulling divestments in South America, replacing management and halting an acquisition spree in Brazil after steep losses in the region, according to sources with direct knowledge of the matter. Nutrien this year separated Brazil from the rest of its Latin American operations as it mulls the sale of Argentina, Chile and Uruguay assets in order to streamline operations in the region, two sources said. Since April 2023, at least eight senior executives or managers were fired or quit the company, including Brazil's entire supply management team, and the former Latin America CEO and CFO, according to three sources, who spoke on condition of anonymity because details of the changes have not been publicly announced. ....

Sao Paulo , United States , Andre Dias , Marcelo Mello , Ken Seitz , Caroline Stauffer , Seth Goldstein , Luis Cerresi , Nutrien Ltd , Potash Corp , Agrium Inc , South America , Latin American , Latin America , South American , Ana Mano , Rod Nickel , Anna Driver ,

Exclusive-Nutrien mulls Latam divestments after losses, management exodus

By Ana Mano SAO PAULO (Reuters) -Nutrien Ltd., the world s largest producer of potash fertilizer, is mulling divestments in South America, replacing . ....

United States , Sao Paulo , Ken Seitz , Luis Cerresi , Caroline Stauffer , Andre Dias , Seth Goldstein , Marcelo Mello , Potash Corp , Agrium Inc , Nutrien Ltd , South America , Latin American , Latin America , South American , Ana Mano , Rod Nickel , Anna Driver ,

Exclusive-Nutrien mulls Latam divestments after losses, management exodus

SAO PAULO -Nutrien Ltd., the world s largest producer of potash fertilizer, is mulling divestments in South America, replacing management and halting an acquisition spree in Brazil after steep losses.
-March 28, 2024 at 01:37 pm EDT
- MarketScreener ....

United States , Sao Paulo , Seth Goldstein , Luis Cerresi , Caroline Stauffer , Ken Seitz , Andre Dias , Marcelo Mello , Potash Corp , Agrium Inc , Latin American , Latin America , South America , South American , Ana Mano , Rod Nickel , Anna Driver ,

US farmers face harsh economics with record corn supplies in silos

Illinois farmer Dan Henebry regrets not selling more of his corn crop last summer, when the Midwest needed rain and prices were high. Farmers across the United States are kicking themselves for putting off corn sales after fields dried up in May and June, fueling expectations for higher prices and smaller harvests. The size and speed of the price collapse stung farmers and left their storage bins stuffed with record amounts of corn. ....

United States , University Of Illinois , Chicago Board Of Trade , Great Plains , Caroline Stauffer , Dan Henebry , Fred Huddlestun , Matt Wiegand , Glenn Brunkow , Tom Polansek , Julie Ingwersen , Illinois Corn Growers Association , Deere Co , American Farm Bureau Federation , Chicago Board , Rod Weinzierl , Anna Driver , Corn Futures Prices , Storage Bins ,

El Nino waning, La Nina to develop in second half of 2024

-The La Nina weather pattern characterized by unusually cold temperatures in the Pacific Ocean could emerge in the second half of 2024, following a strong El Nino year, a U.S. government weather. ....

United States , David Gregorio , Emelia Sithole Matarise , El Nino , Sabrin Chowdhury , Brijesh Patel , Tanushree Mukherjee , Caroline Stauffer , Rajendra Jadhav , India Meteorological Department , National Weather Service Climate Prediction Center , Southeast Asia , National Weather Service , Climate Prediction Center , Latin America , India Meteorological , Seher Dareen ,