Big Challenges Ahead for Fertilizer Firms

Financial Post reported that fertilizer companies may face challenges in falling potash and phosphate prices.

As quoted in the market news:

[Analyst Adam] Schatzker noted that phosphate prices are already starting to weaken, and he expects the same thing to happen with potash in the near future. Potash currently sells for about US$565 a tonne, but he expects it to drop down to US$550 a tonne in early 2012, with more declines through the year.

Click here to read the full Financial Post report.