FARM BUSINESS NEWS
Wed Feb 12, 2014 07:29 AM CST

OSLO (DTN) -- Norwegian fertilizer producer Yara International ASA Wednesday reported a sharp fall in fourth-quarter net profit as an oversupplied urea market led to such high-cost producers as China and Ukraine to curtail production.

Yara's net profit was 59 million Norwegian kroner ($9.6 million) in the fourth quarter, compared with a net profit of NOK2.17 billion in the same period a year earlier. The average forecast in a FactSet poll of 12 analysts was for a net profit of NOK945 million.

The company said it received on average 26% less on the year for its urea, 15% less for ...

Quick View
  • The New Dicamba At an event exhibiting the company's soon-to-arrive Dicamba-tolerant soybean trait, Monsanto repr...
  • Rates Too Low Too Long Discounted interest rates have led to unintended consequences in land values, a shortage of funds...
  • Center Pivots Take a Beating Severe storms in mid-June have damaged hundreds of center pivot irrigation systems in Nebraska al...
  • "Easy Money Times Over" Feeding the world population won't be as hard as expected over the next decade some experts forec...
  • A Hunger for High-Tech The Gruhlkey brothers of Wildorado, Texas, are using technology and thoughtful cropping choices t...
  • Clearing the Air EPA Administrator Gina McCarthy told a group of agribusiness representatives that her agency want...
  • No More Outlaw Vets Veterinarians can start breathing a little easier now when they go to work, without the fear that...
  • Ask the Vet My vet diagnosed anaplaz and I've never heard of that.
Related News Stories
DTN Retail Fertilizer Trends
DTN Retail Fertilizer Trends
DTN Retail Fertilizer Trends
DTN Retail Fertilizer Trends
DTN Fertilizer Outlook
Dr. Dan Talks Agronomy