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Ag Stocks Get a Boost From Analysts’ Upgrades; More Profits Projected
Jun. 30, 2011 09:42PM PST
Potash InvestingSeeking Alpha reported that potash companies can expect higher profits as prices for the fertilizer ingredient rise.
Seeking Alpha reported that potash companies can expect higher profits as prices for the fertilizer ingredient rise.
The market news is quoted as saying:
With the latest fertilizer price increases the price of MOS is likely headed quickly back to $89.24 and higher. The price of potash to China is now 17.5% higher. The price to India may soon be more than 25% higher. MOS’s profits seemingly have to go up.