Archive for January, 2009

Potash Corp offers weak guidance but investors shake it off.

Potash Corp. of Saskatchewan dug a hole for its shares, but it climbed out by midday. The fertilizer maker offered a cautious near-term earnings view as it released its fourth-quarter results, but its longer-term prospects seem to have undone the damage. For full story, click here

Potash’s perfect storm tempered by recession

By Leia Michele Toovey- Exclusive to Potash Investing News In 2007 and 2008, a perfect storm of events led to record high fertilizer prices. The rapidly expanding world economy in these two years led to an increase in worldwide grain production. Expanding grain production increased demand for fertilizer. Record natural gas prices ushered in record high [...]

Low fertilizer sales plague potash companies

By Leia Michele Toovey- Exclusive to Potash Investing News. Fertilizer prices are finally falling, but not enough to coax farmers into big purchases for the spring planting. The worldwide financial crisis has them rationing their use of stored inventory. The steep decrease in crop prices have left farmers with less money to purchase fertilizer, shifting [...]