Market Overview

Agrium Spokesperson, in Response to Report of Weak Potash Demand, Says Potash Market has Firmed in Past Week


Richard D. Downey, Vice President, Investor/Corporate Relations for Agrium (NYSE: AGU) told Benzinga via email, that while there is a delay in contract negotiations with China and India, which has pressured potash prices, it appears the potash market has firmed in the past week.

Downey said demand in the U.S. is expected to remain strong in the spring, with an early spring season and expected increase in corn acreage.

Shares of potash issues sold off on a report that demand had dropped off significantly.

Agrium shares traded as low as $86.55 on Thursday.

Posted-In: News Rumors Management Exclusives Movers


Related Articles (AGU + MOS)

View Comments and Join the Discussion!
Don't Miss Any Updates!
News Directly in Your Inbox
Subscribe to:
Benzinga Premarket Activity
Get pre-market outlook, mid-day update and after-market roundup emails in your inbox.
Market in 5 Minutes
Everything you need to know about the market - quick & easy.
Daily Analyst Rating
A summary of each day’s top rating changes from sell-side analysts on the street.
Fintech Focus
A daily collection of all things fintech, interesting developments and market updates.
Thank You

Thank you for subscribing! If you have any questions feel free to call us at 1-877-440-ZING or email us at

Diverging Global Interest Rates: Here's Why The Market Shouldn't Be Worried

Mid-Day Market Update: US Stocks Turn Lower; Omega Protein Shares Drop Following Q4 Results