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Fallow Season For Fertilizers- US-FOREX.US
Fertilizer companies’ second-quarter results will likely meet analysts’ softened expectations when they start reporting next week, but all signs suggest they won’t come close to topping last year’s figures.On Monday, the market absorbed industry reports that the Russian producer Silvinit
agreed to sell Indian buyers 850,000 metric tons of potash through March 31, 2010 at 460… »
Time To Stock Up On Potash – US-FOREX.US
Sales of potash, a key crop nutrient, have been slow since the beginning of the year, but not due to lack of demand. Farmers have been burning through supplies in hopes that prices will come down, and one analyst expects a potash sales surge as farmers replenish inventories.On Monday,the market absorbed industry reports that the… »
Potash Prices In The Pits – US-FOREX.US
With potash prices coming back down to earth, shares of potash producers also appear more grounded. But analysts warn against jumping into the fertile sector since prices may have further to fall. Shares of potash producers Potash
and Intrepid Potash
were uprooted during Monday’s trading session as the market absorbed industry reports that the Russian producer Silvinit
agreed… »
China Gobbles Up U.S. Soybeans – US-FOREX.US
With the sun shining over the U.S.’ key crop-growing regions, the clouds that settled over agricultural futures market earlier in the week lifted Thursday, thanks to hefty export sales.Investors flooded into the agricultural commodities market on Thursday, lifting prices of soybeans, corn and wheat after the U.S. Department of Agriculture reported strong crop exports-particularly for… »
Corn Ripe For The Picking – US-FOREX.US
Grain prices lost ground on Thursday as the market continued to absorb Tuesday’s acreage report from the U.S. Department of Agriculture, which showed an increase in corn plantings. A bountiful corn harvest would be a much-needed boon for food, ethanol and fertilizer companies that have swallowed increasing input costs resulting from high corn prices. Wet… »
Corn Is King Says USDA – US-FOREX.US
A bearish report from the U.S. Department of Agriculture buried crop prices on Tuesday as the market absorbed higher-than-anticipated planting acreage for corn and soybeans. Wet weather didn’t appear to negatively impact corn planting as much as the market had expected. The USDA’s 2009 forecast of 87.0 million acres puts the new crop at the… »
What Will Be The Top Crop – US-FOREX.US
Corn and soybean prices slipped a day ahead of the impending U.S. crop acreage report. Investors had anticipated a significant reduction to corn crop acreage since weeks of rainy weather drenched U.S. corn regions, delaying the planting period, and farmers were expected to surrender corn fields to soybeans, which can be planted later and require… »
Prime Picking Time For Fertilizers – US-FOREX.US
After months of diligently tending its hostile bid for fertilizer company CF Industries Holdings, Agrium is finally seeing signs that its rival may be ripe for the picking.Shareholders of CF Industries
don’t appear to agree with the company’s repeated claims that Agrium’s twice-enhanced offer doesn’t fairly value CF’s nitrogen and phosphate fertilizer business. As of Agrium’s… »
