Mosaic cuts outlook for 2013 global potash shipments
U.S. fertilizer company Mosaic Co lowered its outlook on Monday for 2013 global potash shipments, citing weaker demand in India and a delay in settling a second-half contract between its export agency Canpotex Ltd and China's Sinofert Holdings Ltd.
Mosaic Chief Financial Officer Larry Stranghoener, speaking to analysts in New York, said the company sees global potash shipments of 54 million to 55 million tonnes, down from its previous estimate of 55 to 57 million tonnes.
- Scout for aphids in winter wheat
- El Niño development stalled out, but wet winter still predicted
- Ag markets posted divergent closes Wednesday
- Farm bill program to help farmers affected by severe weather
- Israel panel proposes 25-42% tax hike on mining companies
- Ag markets moved almost unanimously higher Wednesday morning
- How much corn can the ethanol industry use?
- Economist: Taxing P could reduce risk of algal blooms
- Commentary: Government wants farmers to quit farming
- What is the relationship between maturity group, yield?
- Commentary: Ambulance-chaser lawyers take on Syngenta
- Berman: Camouflaged activists threaten agriculture