Fertilizer names enjoy gains after Mosaic's (MOS +5.6%) Q2 results, including better than...
Tuesday, July 17, 2012, 3:28 PM ETFertilizer names enjoy gains after Mosaic's (MOS +5.6%) Q2 results, including better than expected earnings and revenues. CEO Jim Prokopanko brushes aside concerns that severe drought would hurt fertilizer demand, saying high crop prices and evidence of soil deficiencies of phosphate and potash in the farm belt would drive sales. Piggybacking MOS: POT +2.9%, CF +2.3%, AGU +1.1%.
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