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Agrium (AGU) raises its Q4 earnings forecast to slightly above $2/share, vs. its earlier outlook...

Agrium (AGU) raises its Q4 earnings forecast to slightly above $2/share, vs. its earlier outlook for $1.50-$1.90, as strong grain and oilseed prices spurred demand for its fertilizer products over the fall season in North America. "Continued strength in crop prices and low global grain inventories are anticipated to support a strong spring application season in 2013," CEO Mike Wilson says.
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Comments (1)
  • Michael Bryant
    , contributor
    Comments (5823) | Send Message
     
    As long as we keep searching for biofuels, oilseed demand should stay high.
    24 Jan 2013, 11:14 AM Reply Like
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