American Potash Sales will Hit New Record
The rapid rebound in American demand has boosted potash. The US was late to jump on board to the recovery, but when it did, it came with impressive speed.
Articles Tagged "Agrium"
Downgrades Hit Potash Market
Potash companies were hoping that the spring planting season would breathe new life into the market, unfortunately, according to Goldman Sachs that will not be the case.
Potash Upgrade Jolts Market
In evidence that the market is staring to turn around, Potash Corp. of Saskatchewan, the world’s top potash producer, aggressively hiked its earnings forecast for the current quarter. Potash’s move sent a ripple affect through all North American Producers.
Demand Rebound Sparks Potash Price Hike
By Leia Michele Toovey- Exclusive to Potash Investing News In anticipation that its 2010 potash sales will increase by 50 per cent, Russian based Belarusian Potash Co (BPC) has hiked the price it charges for the nutrient. BPC customers in Brazil and Asia can expect to pay $410 per tonne of standard grade potash, up [...]
Bargain Hunting will pave the way for Potash’s Rebound
By Leia Michele Toovey- Exclusive to Potash Investing News Despite a bleak 2009, brokerage Credit Suisse released a note that is very bullish on the 2010 outlook for potash. During the last bull-run, high crop prices and limited potash supplies drove the price of the nutrient up to US$ 1,000 per tonne, from $150. Currently, [...]
Agrium to Nominate Two Directors
Agrium Inc. (TSX:AGU) (NYSE:AGU)notified CF Industries Holdings, Inc. (NYSE: CF) that Agrium will nominate two independent and highly qualified directors for election to CF’s board of directors at CF’s 2010 annual meeting of stockholders. The press release is quoted as saying: Agrium Inc. is a major retail supplier of agricultural products and services in both [...]
Agrium Continues Retail Growth
Agrium Inc. (TSX:AGU) (NYSE:AGU) reported a number of transactions resulting in the establishment of 33 retail outlets in Alberta and Saskatchewan, Canada, and they will now be branded under the Crop Production Services Inc. name. The press release is quoted as saying: Agrium Inc. is a major retail supplier of agricultural products and services in [...]
For the New Year, Optimism Permeates Potash Market
By Leia Michele Toovey- Exclusive to Potash Investing News Potash producers are confident that the bottom has been hit; and 2010 will be a year of gradual improvement. Potash prices more than halved in 2009 as the effects of the recession rippled through the agriculture industry. Grain and food prices collapsed, and farmers in developing [...]
Agrium extends exchange offer for CF Industries
Agrium Inc. (TSX:AGU) (NYSE:AGU) announced that the company has extended the expiration date of its offer to acquire CF Industries Holdings, Inc. (NYSE:CF) for $45.00 in cash plus one Agrium share per CF share until 12:00 midnight, New York City time, on January 22, 2010. The press release is quoted as saying: Agrium Inc. is [...]
Agrium Receives HSR Approval
Agrium Inc. (TSX:AGU) (NYSE:AGU) reported that the Federal Trade Commission (FTC) has granted an early termination of the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act (HSR Act) in connection with the proposed acquisition of CF Industries Holdings, Inc. (NYSE: CF) and has accepted for public comment the previously announced Consent Agreement between Agrium and [...]
