The Conversation (0)
US Floods Could Remove 3 Million Acres of Farmland This Year
May. 13, 2011 08:11PM PST
Agriculture InvestingMining Weekly reported that Potash Corp. (NYSE:POT) CEO Bill Doyle claims that flooded farmland will not impact company profits.
Mining Weekly reported that Potash Corp. (NYSE:POT) CEO Bill Doyle claims that flooded farmland will not impact company profits.
The editorial is quoted as saying:
Addressing the company’s yearly shareholders meeting, he added that although this amounted to around three-million acres of the country’s farmland, it would not pose too big a threat to increasingly tight world food supplies.