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Subject
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Next big commodity to move is POTASH fertilizer
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Poster Handle
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Anonymous Coward |
Post Content
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Feb. 19 (Bloomberg) -- Mosaic Co., Terra Industries Inc. and other fertilizer makers gained after Potash Corp. of Saskatchewan Inc. Chief Executive Officer William Doyle said food demand in India and China will boost crop-nutrient sales for years to come. Potash Corp. is so confident in its long-term prospects that executives considered taking the company private after the stock price fell more than 21 percent during three days in mid- January, Doyle said. ``Certain people thought it was the end of the agriculture story when it is really just the beginning,'' Doyle, 57, said today in an interview in New York with Bloomberg Television. ``We know that our earnings will be much stronger this year.'
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