POT common stock has declined significantly since our previous update report, dated 14 November 2008, on concerns of a slowdown in fertilizer consumption due to falling prices of agricultural commodities, especially corn. For full story, click here
Potash Corp of Saskatchewan (POT), up 4.5 percent at C$79.69. For full story, click here
Top fertilizer producers Potash Corp of Saskatchewan said it is on the lookout for acquisitions as their industry struggles, even though its own shares have tumbled. For full story, click here
Citi maintains a ‘Buy’ on Potash (POT), but lowers price target from $207 to $191. For full story, click here
Canadian stockpiles of the potash are near the lowest levels on record. The shares of Potash Corp gained 5 percent to C$89.87. For full story, click here
Potash Corp. is not likely to suffer many long-term effects from a 99-day strike that curbed production at three of its Canadian mines. For full story, click here
Potash Corp fell 12 percent to C$71.59, as corn, soybean and wheat prices extended declines on concern that the worsening economy will curb demand for food and feed. The stock peaked at C$244.03 on June 17. For full story, click here
While things look dire for stocks and even funds are cash-heavy, there have already been nine rallies in this crisis. Buy Agrium, Potash and Archer Daniels Midland. For full story, click here
Potash Corp of Saskatchewan, the producer of fertilizers by market value, slid 1.4 percent to C$84.93. For full story, click here
Workers at mines of the world’s largest producer of potash approved a labor agreement, ending a 14-week strike. The shares gained 5 percent to C$89.87. For full story, click here
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