FARM BUSINESS NEWS
Shares Down for Potash Corp.
Fri Oct 25, 2013 05:56 PM CDT

(The Globe and Mail) -- Potash Corp. of Saskatchewan Inc. has cut its profit outlook for this year due to weak demand after the breakup of a Russian-Belarussian potash cartel sent prices of fertilizer tumbling.

The Saskatoon-based company, the world's biggest potash producer, said on Thursday it would now earn between $2 to $2.20 a share this year, down from its previous forecast of between $2.45 and $2.70 per share.

The weaker forecast from Potash Corp. reflects difficulty the industry faces following the Belarus Potash Co. breakup in July. Russia's OAO Uralkali withdrew from a partnership it had with rival ...

Quick View
  • Dealing with Diplodia After the latest spate of wet, cool weather in parts of the Midwest, plant pathologists are urgin...
  • Year-Round Cow Kelly Smith believes fetal programming through good nutrition for dams yields better steers and h...
  • Russ' Vintage Iron DTN staff reporter Russ Quinn takes a look at farm life nearly a century ago.
  • Cash Will Be King Years of $6-and-up corn couldn't last forever. Some proactive grain farmers are bolstering their ...
  • CWA Rule Pressure The Pennsylvania Department of Environmental Protection has asked the federal EPA to withdraw the...
  • COOL Appeal Likely in 2015 Agriculture Secretary Tom Vilsack said the U.S. might not file an appeal of the country-of-origin...
  • Ask the Taxman by Andy Biebl Readers ask if they can offset futures losses against cattle income, roll hedges forward tax-free...
  • Ranch Hands Two families take different approaches to building income from trail rides, roundups and real-lif...
  • Ask the Vet Why isn't my flea and tick control for dogs working?
Related News Stories
DTN Fertilizer Outlook
DTN Retail Fertilizer Trends
$1.4B Fertilizer Plant Coming to Ill.
Sustainable Fertilizer Work
Potash Corp. Sees Steady 2015 Demand
DTN Retail Fertilizer Trends
Yara, CFI Abandon Merger Talks
DTN Retail Fertilizer Trends