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Agrium (AGU) reported earnings on May 6th. Here are the results and forward looking statements.
Canpotex, the export arm of Canadian potash producers Agrium, Mosaic and Potash, reported on Friday (Feb 19th) that it had inked a deal with Indian Buyers to the tune of 600,000 tones at a price level of $370 per tonne. The prior week Canpotex signed a deal to sell 350,000 tonnes to China at an [...]
Reuters released a story on October 16th outlining a possible deal between Belarusian Potash Company and China for 860,000 tons of Potash. The pricing has not been released but according to the article it will be in the ballpark of $500 per ton. This news has pushed all of the major North American potash producers [...]
The writers over at Seeking Alpha presented an interesting article on March 11th about the upcoming fertilizer (namely Potash) trading market. A few of the interesting points are; … farmers typically have a large stockpile of potash on hand, and not buying on a regular basis causes them to use up what they have The [...]
I’ll be perfectly honest here. It’s been difficult to find many (hell, even a few) things to be positive about on the Potash front. This past week, depending on how one looks at things, could be one of the few positive signs that we’ve seen over the past six months or so. Sure, all of [...]