Monday, 30 July 2007

Fertilizer maker Mosaic posts quarterly profit

(Reuters) - With prices of major crops hovering at historically high
levels, demand for fertilizers to help boost yields has grown
and last week, Mosaic's rival Potash Corp.
posted a 63-percent jump in profits.




In March, the U.S. Department of Agriculture said that U.S.
farmers this year were going to plant 90.5 million acres of
corn, the largest domestic corn acreage in 63 years.



Read more at Reuters.com Market News

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