Canadian Wheat Board Dismantled
Legislation passed on Thursday by the Canadian Federal Government will dissolve the Canadian Wheat Board.
Legislation passed on Thursday by the Canadian Federal Government will dissolve the Canadian Wheat Board.
Potash shares may be moving higher today amid a price target rise from an analyst over at BMO Capital. Potash stock most recently traded at $120.40, up about 4% from Friday’s closing price. For full story, click here
Potash shares may be moving higher today amid a price target surged from an analyst over at BMO Capital. Potash stock most recently traded at $120.40, up about 4% from Friday’s closing price. For full story, click here
Allana Resources (CVE:AAA) announced that they have raised $2,542,149.90 million through the issuance of 18,830,740 units at a price of $0.135 per unit. Each unit also included a full warrant at $0.20.Company reports that proceeds will be used for ongoing exploration of Ethiopian Potash projects. Click here for the full press release.
Potash Corp., the world’s leading producer of potash and the largest fertilizer producer reported that it has benefited from higher fertilizer application rates, rising crop plantings and soaring demand for biofuels. For full story, click here
During 2007 and 2008, farmers saw a rapid runup in fertilizer prices to record highs, followed by lower prices in late 2008. The significant ups and downs of the market in 2008 can serve as a textbook example of supply-and-demand analysis in price determination. For full story, click here
Given potash price resistance, potash prices and share prices of companies that provide exposure to them have recently been on the rise. For full story, click here
Compass predicts that a weaker supply and demand relationship amid the economic downturn will pressure prices in 2009. For full story, click here
Shares of Compass Minerals International Inc. tumbled Tuesday on concerns that the company’s strong specialty fertilizer prices will weaken in 2009. For full story, click here
Potash Corp. of Saskatchewan Inc. fell 2.4 percent to C$102.87. For full story, click here
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