|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||24.23 - 25.03|
|52 Week Range||19.23 - 29.80|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||0.10 (0.41%)|
|1y Target Est||N/A|
The Mosaic Company (MOS) issues the Fertilizer Affordability Index, which fell last week to 0.66x from 0.67x a week ago. The index is indexed to one in the base year of 2005, so a point below one means that fertilizers are more affordable and a point above one means that fertilizers are less affordable. Fertilizer affordability below one is favorable for demand, which is good for Nutrien (NTR), CF Industries (CF), and Terra Nitrogen (TNH) along with other fertilizer players (MOO).
The news, when it came late Friday night from a government ministry in Minsk, was grim: the ceiling of a potash mine in Belarus had collapsed more than half a kilometer underground, trapping two workers....
(Repeats with no changes to text) By Rod Nickel and Ana Mano WINNIPEG, Manitoba/SAO PAULO, March 12 (Reuters) - Taking a page from its aggressive growth strategy in the United States, cash-rich Canadian fertilizer giant Nutrien Ltd plans to plow investment into Brazil in a bid to reap up to 30 percent of farm supply sales in fertile pockets of the country. But business in Brazil's farm sector - the world's fastest growing - strays far from the usual practices in North America's farm belt, where Nutrien is a top supplier of fertilizer, chemicals and seed. It’s a place where the ancient economy of bartering – in this case swapping crops for fertilizer – is still common, helping Brazilian farmers mitigate their high reliance on credit.
WINNIPEG, Manitoba/SAO PAULO (Reuters) - Taking a page from its aggressive growth strategy in the United States, cash-rich Canadian fertilizer giant Nutrien Ltd plans to plow investment into Brazil in a bid to reap up to 30 percent of farm supply sales in fertile pockets of the country. It’s a place where the ancient economy of bartering – in this case swapping crops for fertilizer – is still common, helping Brazilian farmers mitigate their high reliance on credit. Selling directly to farmers in the way Nutrien plans is a risk that rivals Mosaic Co and Yara International ASA are avoiding, senior executives from both companies told Reuters.
According to Mosaic, the margin expansion was due to higher realized prices, which we discussed earlier, and lower input costs such as phosphate rock costs. Agrium’s gross margins took a hit as a result of a higher input cost of phosphate rock and sulfur.
Its reported revenues are on a continuing business operations basis. The increase in ALB’s revenue was primarily driven by growth in all its reporting segments, led by Lithium and Advanced Materials, Refining Solutions, and Bromine Specialties. Luke Kissam, Albemarle’s chair, president, and CEO, said, “We made progress on our lithium capital projects consistent with our plans and continued to demonstrate our focus on portfolio management with the announced divestiture of our polyolefin catalysts and components business.