Potash Rises as Corn, Soybeans Seen Extending Gains
Investing News Network - December 29th, 2010
Bloomberg reports that Potash Corp. of Saskatchewan Inc., rose the most in more than four months in New York amid speculation corn and soybean futures will extend price gains into next year.
Bloomberg reports that Potash Corp. of Saskatchewan Inc., rose the most in more than four months in New York amid speculation corn and soybean futures will extend price gains into next year.
The market news is quoted as saying:
Potash Corp. climbed $7.40, or 5.1 percent, to $152.07 at 4:15 p.m. in New York Stock Exchange composite trading. The percentage gain was the biggest since Aug. 17. The Saskatoon, Saskatchewan-based company has risen 40 percent this year.