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The world's biggest producer of crop nutrients said its April-June sales almost doubled over a year ago, to $2.62 billion from $1.35 billion, which "reflects rising global fertilizer demand and the impact of significantly higher prices for potash, nitrogen and phosphate products. PotashCorp, which recently announced a $250-per-ton price increase for potash in North America, is "in a sold-out volume position and will continue to ship to North American and offshore customers on an allocation basis" for the rest of the year. We are now downgrading both stocks due to rising fertilizer demand destruction risks as fertilizer prices soar and food prices recede," [Sam Kanes] wrote in a note to clients.
... of these products at developed country prices. . Two anti-viral drugs in the neuraminidase inhib...
We're not there yet. Potash Corp., the world's largest potash producer and the second and third largest producer of nitrogen and phosphate, three key crop nutrients, presented poor quarterly results this week. For this industry, weak results in Q3 means 2009 is a write-off and most hope fertilizer buyers will come off the sidelines next year. who can entirely blame the farmers? The price of potash remained at very low levels for decades and farmers grew comfortable with affordable, predictable fertilizer prices. When global demand for nutrients skyrocketed last year, fertilizer producers took full advantage and the price climbed to $1,000 (US) per tonne. As a result, last year's predicament provided exceptional value to investors and shareholders, but little to farmers.
... primarily for commercial use as well as prices paid for said cefaclor. [33] On cross-examination ... with water to give HCl and triphenyl phosphate; and. (d) reacts with n-butanol to give HCl n-buty...
This spring, dry phosphorus fertilizer is nearly double the cost of what it was a year ago, while anhydrous ammonia -- a popular form of nitrogen fertilizer -- is up 10 per cent this spring after doubling in price last year, according to Keystone Agricultural Producers, a Manitoba farm lobby group. Although there is a potential for some decent rewards this year, the risks to get those rewards are still pretty high. They're higher than they've ever been," said [Rob Brunel], a KAP vice president. "I would have to suggest that a lot of the price escalation is due primarily to the fact that there's only a handful of countries on the planet that are producing phosphate and mining potash," said Gordon Charlebois, director of sales and supplies for Westco, a Calgary-based distributor and manu...
... sector, power shortages, and rising prices are now daily occurrences. High rates of fixed inv... of coal, lead, silver, antimony, and phosphate, recent figures put Chinese demand for aluminum, c...
That's an extra $45,000 for a farmer to shell out to plant his crops -- if he hadn't pre-bought his fertilizer supplies. Fertilizer producers look for the best net returns, and if those returns are in the U.S. market, "that's where the market will flow," he said. $1,000-plus -- The quoted price per tonne for anhydrous ammonia, a popular form of nitrogen fertilizer, in some Prairie farm communities. Prices that ranged from $450 to $500 a tonne last fall are $900 to more than $1,000 a tonne this spring.
... waited until spring to buy nitrogen and phosphate fertilizers are paying a heavy price. The Manitou ...
The financial market meltdown, which has many investors considering mattresses and backyards as the only secure places to stash their savings, has spilled into farm country. [...] the few large companies in those businesses manage inventories very carefully.Mosaic CEO Jim Prokopanko was quoted as saying his company plans to sharply reduce phosphate production over the next several months, due to high inventory levels.
... from nearly $95 back in April when grain prices were soaring to below $40 last week. Its competito...
S. airlines ratcheted up the pressure on flyers ahead of the U.S. Memorial Day holiday weekend, significantly raising ticket prices to offset the runaway cost of fuel. The three biggest carriers each boosted most domestic fares by up to US$60 roundtrip, while budget airline AirTran Airways raised its leisure fares by $30 roundtrip. In Canada, both Air Canada (TSX:AC.A) and its rival WestJet have also tacked on fuel surcharges to offset the soaring cost of fuel. Great Western Minerals said Friday that "with the sharp increases in the price of phosphate-based products," it sees a solid rationale to examine the potential of apatite, the principal ore of phosphorous used in fertilizer, as an economic byproduct. Today's actions significantly increase the certainty that our merger will clo...
...The goal? Reduce competition; increase prices. We've heard about Canpotex, the potash-export car...While PotashCorp doesn't own phosphate mines per se, it has substantial stock holdings in...
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