Agrium Shares Tumble on Downgrade, Lower Fertilizer DemandBy and
Analyst cites lower nitrogen prices, weak agriculture outlook
Shares of other fertilizer makers slump as demand falls
Agrium Inc., the largest agricultural retailer to U.S. farmers, posted its biggest two-day loss since August after Scotiabank downgraded the company’s shares amid weaker demand for fertilizer. Other crop-nutrient producers fell.
To continue reading this article you must be a Bloomberg Professional Service Subscriber.
If you believe that you may have received this message in error please let us know.