Potash Shake-Up Takes Toll as Agrium Sees Drop in Sales

Agrium Inc. is the latest North American potash producer to cut its sales forecast as the breakup of the world’s largest marketing bloc for the crop nutrient begins to take its toll.
Agrium, the third-largest North American producer, expects to sell 30 percent less potash in the third quarter and forecast a 64 percent drop in profit from its wholesale fertilizer division, the Calgary-based company said yesterday. U.S.-based Mosaic Co., the second-biggest producer, cut its sales forecast by about 20 percent on Sept. 16.

Global Phosphatic Fertilizer Market to 2017 - Market Size, Top 10 Countries, Trends, Forecasts, and Market Players

Reportlinker.com announces that a new market research report is available in its catalogue:
Global Phosphatic Fertilizer Market to 2017 - Market Size, Top 10 Countries, Trends, Forecasts, and Market Players http://www.reportlinker.com/p01625093/Global-Phosphatic-Fertilizer-Market-to-2017---Market-Size-Top-10-Countries-Trends-Forecasts-and-Market-Players.html#utm_source=prnewswire&utm_medium=pr&utm_campaign=Fertilizer
The industry report package Global Phosphatic Fertilizer Market to 2017 - Market Size, Top 10 Countries, Trends, Forecasts, and Market Players offers the most up-to-date perspective on the actual market situation, trends, and future outlook for phosphatic fertilizers in the world. Along with a global phosphatic fertilizer market report the package includes country reports from the following countries:

Mosaic Updates Calendar Third Quarter 2013 Guidance

n advance of upcoming investor conferences, The Mosaic Company MOS -1.71% announced today an update of the near-term price, volume and gross margin guidance, as well as the Company's effective tax rate guidance for the seven month transition period.

Since the Company announced its calendar third quarter guidance on July 16, 2013, domestic and international crop nutrient markets have softened in part as a result of the distributors' cautiousness caused by the Belarusian Potash Company (BPC) break-up.

Corn crop conditions worsen, negative for fertilizer companies

Crop condition
Crop condition is an indicator published every week by the United States Department of Agriculture (USDA) during the planting and harvest season. The indicator is useful in estimating the yield that farmers will be able to harvest this year. Solid percentages often point to strong crop production, which tends to alleviate pressure on the global stock-to-use ratio—another key indicator watched by agriculture investors, analysts, and traders. On the other hand, low percentages often point to a weak production year, which can push corn prices up and increase demand for fertilizers in the following year.