A recent USDA report showing sharp Y/Y declines in grain stocks ought to be a positive for...
A recent USDA report showing sharp Y/Y declines in grain stocks ought to be a positive for Potash (POT) and Agrium (AGU), but National Bank of Canada analyst Robert Winslow thinks the strength won't last and crop prices later this year - and agriculture equities - have much downside risk. An estimated 97.4M acres of corn were planted in the U.S. this year, the most since the 1930s.
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