Agirum profits drop 41% as fertiliser market remains uncertain

By Kasia Patel
Published: Wednesday, 06 November 2013

Weak prices across potash, phosphate cause sales totals to decline 24%

North American potash and phosphate producer, Agrium Inc., saw third quarter profits drop 41% to $76m as customers delayed purchases because of fertiliser market uncertainty.

A late growing season in North America also added to delays in crop nutrient purchases, Agrium said in its Q3 company results late yesterday.

Gross...

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