Genesis Grain Hosts Meetings for Fertilizer Business

Posted by on Mar 30, 2015 in Media Coverage |

Genesis Grain and Fertilizer is hosting a series of farm meetings this week across Saskatchewan to raise capital for its fertilizer business. Bob Friesen with Genesis Grain and Fertilizer says seven fertilizer distribution centres will be set up across the prairies, including three in Saskatchewan. He hopes to raise a minimum of 24-million dollars. The distribution centres will be part of Project N, a two-billion dollar fertilizer plant being built west of Regina near Belle Plaine. The plant is part of Genesis, a farmer owned company led by the group Farmers of North...

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FNA Holds Fertilizer Meetings

Posted by on Sep 28, 2014 in Media Coverage |

Now that harvest is wrapped up, Farmers of North America have been conducting meetings throughout the region to teach producers the benefits of manufacturing their own fertilizer. FNA has set up a Fertilizer Limited Partnership to assist farmers with learning the steps to set up a nitrogen fertilizer plant. “Our very first milestone we thought we’d hit in 60 days and we hit it in ten,” explains Vice President of Operations Terry Drabiuk on how the meetings have been going, “And we have doubled that in the first fifteen days of meetings so it has ranged from really string support to trying to get people out when the weather is nice and they’ve been trying to put down their fertilizer for fall.” Drabuik says when it comes down to it, producers can save a good chunk of money manufacturing their own fertilizer. “I think it is the price discrepancy between the cost of production and the cost of urea,” he added, “Currently the cost of production is anywhere from $150 to $180 a tonne and yet the average retail price is around $600.” Meetings have been held through Alberta, Saskatchewan and Manitoba with Watrous, Southey Wadena, and Wakaw hosting meetings last week. Listen to the full comments with Terry Drabiuk below. – See more at:...

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