The fertilizer industry was blindsided on July 30 when Russian potash giant Uralkali announced it was leaving the lucrative potash cartel. Shares of Potash Corporation of Saskatchewan got hit and earnings estimates were slashed. Earnings are now expected to decline by 14% in 2013.
The fertilizer industry was blindsided on July 30 when Russian potash giant Uralkali announced it was leaving the lucrative potash cartel. Shares of Potash Corporation of Saskatchewan got hit and earnings estimates were slashed. Earnings are now expected to decline by 14% in 2013.
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