Potash Boosts Guidance On Rising Demand
A slew of ag-business news came together Friday to move fertilizer makers firmly to higher ground. Most notable was a guidance upgrade from Potash Corp. of Saskatchewan (POT). The company boosted the high end of its first-quarter earnings expectations to $1.50, up from $1. A company statement cited "a sharp rebound in potash demand that is expected to drive a record quarter for North American sales volumes and strong offshore shipments." The
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