By Leia Michele Toovey-Exclusive to Potash Investing News Slow demand, and high inventories have prompted potash producers to issue further output cuts. Late Tuesday, Potash Corp of Saskatchewan ( NYSE: POT), the world’s largest potash producer, said that it will reduce its potash output because of low demand; the following day, producer K+S Ag announced [...]
By Leia Michele Toovey-Exclusive to Potash Investing News As the recession spread across the globe, the value of crops plummeted and equity froze, forcing farmers into delaying applications of much needed fertilizer to their fields. This postponement has set the stage for the potash industry to boom. Farmers may skip using potash fertilizer for [...]
By Daniella D’Alimonte – Exclusive to Potash Investing News The TSX main index made a turn-around from its bearish outlook on September 10. Commodities played a part in this bounce-back after a string of bad sessions. Potash Corp. of Saskatchewan (POT: TSX) made a 2.2 per cent gain to nearly US$153 per share and is [...]
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