Agrium Shares Tumble on Downgrade, Lower Fertilizer Demand

  • 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.

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