Bloomberg Anywhere Remote Login Bloomberg Terminal Demo Request


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

Agrium Forecast Disappoints on Late Start to Spring Season

Agrium Inc., the largest U.S. farm-products retailer, said a late start to the spring season means first-quarter earnings will be just above break-even, missing analysts’ estimates.

The company’s wholesale operations were also affected by lower rail availability, Calgary-based Agrium said today in a statement. Its Carseland nitrogen-fertilizer plant suffered the failure of an auxiliary boiler and there will be an unplanned shutdown to make repairs, which should be complete in the second half of May.

Agrium dropped 1.4 percent to C$106.09 at the close in Toronto.

Cold, dry weather this year has reduced the outlook for winter crops in the U.S., the top exporter, while a rail backlog has delayed supplies from Canada.

The average of 21 estimates compiled by Bloomberg was for first-quarter earnings of 54 cents a share. Agrium reports its earnings on May 6.

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.