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Phosagro reports decrease in 4Q17 net profit

According to Reuters, Phosagro – the Russian fertilizer producer – has announced that it experienced a 63% fall in 4Q17 net profit to 4.3 billion roubles (US$75 million).

 

Gensource enters potash offtake MoU

Gensource Potash Corp. has announced that it has entered into a non-binding memorandum of understanding with a long-time leader in the North American agriculture industry.

 
 
 
 
 
 

Walmart sees drones as key in the future of farming

According to Reuters, Walmart Inc.’s recent patent filings suggest that it sees a future in which farmers use drones to spot problems with crops, and apply chemicals or disperse pollen.