CROPS NEWS
Uralkali 2013 Profit Slumps
Thu Apr 10, 2014 07:37 AM CDT

MOSCOW (DOW Jones) -- Russian potash producer OAO Uralkali posted Thursday a sharp decline in its 2013 net profit and average export price of the fertilizer ingredient following the collapse of a pricing cartel, but said it expected global demand to rise more than 7% in the coming year.

The $22 billion global potash market fell into disarray last July when Uralkali said it would leave a trading partnership with Belarus that controlled around 40% of global trade in the fertilizer ingredient. Uralkali said its average export price of potash last year dropped 28% to $268 a metric ton.

But ...

Quick View
  • Betting on Shorter Beans Researchers at the University of Nebraska and Purdue University have pinpointed a gene that produ...
  • Super Food Silage has never gone out of fashion in Bath County, Kentucky, even when the lure of $6- to $8-pe...
  • Farmers Pivot Back After Storms The majority of center pivots damaged by severe weather earlier this summer in Nebraska are up an...
  • Pick Contingency Plans - 3 As crop prices and insurance coverage swoon, farmers may need to supplement incomes with federal ...
  • Weathering the Drought Parts of the panhandle and western Oklahoma are still considered as being in extreme or exception...
  • AFBF Appeal The American Farm Bureau Federation asked a federal appeals court to reverse a lower court's Sept...
  • Pick Contingency Plans - 2 Commodity payments are largely capped at $125,000 per person. People must also report under $900,...
  • Ask the Vet Some tips on fly control.
Related News Stories
Ag Drones Under Scrutiny
Dr. Dan Talks Agronomy
Brazil Fertilizer Production Stagnant
N and Soybeans
DTN Retail Fertilizer Trends
DTN Fertilizer Outlook
Farming on the Mother Road - 5
DTN Retail Fertilizer Trends