By Leia Michele Toovey- Exclusive to Potash Investing News. Fertilizer prices are finally falling, but not enough to coax farmers into big purchases for the spring planting. The worldwide financial crisis has them rationing their use of stored inventory. The steep decrease in crop prices have left farmers with less money to purchase fertilizer, shifting [...]
By Leia Michele Toovey- Exclusive to Potash Investing News. If there was a bright spot in the commodities market in 2008, it would have to be Potash. Potash prices are up significantly compared to last year, and despite an expected short-term credit crunch, the long-term outlook is for growing demand. Potash companies have been under [...]
Fertilizer maker Mosaic Co. said that second- and third-quarter sales will be down on lower demand due to factors such as the global economic downturn and lower grain prices. For full story, click here
German fertiliser supplier K+S reduced its 2008 sales outlook to reflect the more cautious earnings forecast it issued last month but added that a rebound in fertiliser demand could be in the offing next year. For full story, click here
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