# Agrium lowers 2017 guidance despite a rich harvest and strong demand - Financial Post

> 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.

- Date: 2017-02-10 · published 2017-02-10T12:00:00.000Z
- Category: market · region North America · magnitude low
- Page: https://feedsoft.ai/events/72820-agrium-lowers-2017-guidance-despite-a-rich-harvest-and-strong-demand-financial
- Commodities: [Potash (KCl)](https://feedsoft.ai/c/POTASH.md), [Urea](https://feedsoft.ai/c/UREA.md)

## Why it matters

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.

## Read by commodity

- UREA: neutral
- POTASH: neutral

## Sources

- financialpost.com: https://financialpost.com/economy/agrium-lowers-2017-guidance-despite-a-rich-harvest-and-strong-demand/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.