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PotashCorp reported third-quarter 2017 earnings of $0.06 per share, including a non-cash phosphate impairment charge. It posted record quarterly potash sales volumes and higher realized prices, and it expects the Agrium merger to close by the end of 2017.
Record potash shipments and firmer realizations point to tightening potash supply and support for prices. Feed buyers should expect potash-linked crop nutrient costs to stay firm into 2018.
sec.govOct 26, 2017Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
