Loading…
PotashCorp raised its 2017 earnings estimate to 45-65 cents per share, about 25 percent above its January forecast, citing strong potash demand in all markets. Its first-quarter spot potash price was US$166 per tonne, below the US$178 of a year earlier.
Stabilizing potash demand and prices that appear to have bottomed suggest fertilizer costs are leveling off, supporting a firmer outlook for crop input prices.
globalnews.caStaff The Canadian PressApr 27, 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.
