Loading…
Agrium lowered its 2017 earnings guidance to $4.50-$6.00 per share, below analyst expectations, despite strong demand signs. The company cited prices under pressure from last year's record crop yields, though it expects a shortened Canadian fall fertilizer season to boost spring nutrient demand.
Weak nutrient pricing and cautious grower spending point to soft fertilizer prices near term, though expected spring demand in Canada offers some support for nitrogen and potash.
financialpost.comSunny FreemanFeb 10, 2017Not enough comparable past events yet for a historical read.
Not 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.
