Credit Suisse Downgrades Fertilizer Stocks
Agrimoney reported that Credit Suisse downgraded fertilizer stocks on higher potash inventories and lower demand.
Agrimoney reported that Credit Suisse downgraded fertilizer stocks on higher potash inventories and lower demand.
Forbes reported that a decrease is prices for major crops also pulled down shares for fertilizer companies.
Despite debt burdens and weak macroeconomics that threaten to derail the global economic recovery; the potash and phosphate markets are positioned to post a strong fourth quarter.
The National reported that an HSBC report on the outlook for fertilizer stocks may have positive outcomes for Arab Potash (AFM:APOT).
Financial Post reported on the prevailing bullish opinion some analysts have on the agriculture industry.
Seeking Alpha reported on five fertilizer companies with investment potential.
Financial Post reported on the outlook for potash markets for the rest of 2011.
Analysts have already warned that extremely tight phosphate inventories could put significant constraints on supplies and further buoy phosphate prices. In some areas, analysts caution that phosphate supplies may be used up, resulting in a delay for farmers to get their hands on much needed phosphate.
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.
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 [...]
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