Potash Corp of Saskatchewan (POT.TO: Quote, Profile, Research) is poised for significant growth in the next five years as soaring grain prices give farmers the means to pay more for fertilizer, the company's chief executive said on Wednesday."We have a lot of pricing power. We're nowhere near peak pricing," Bill Doyle told investors at a Toronto conference held by RBC Capital Markets.
"We clearly aren't experiencing any demand destruction," he said, noting soaring grain prices have supported fertilizer hikes....MORE
Demand for agricultural products has put a shine into the shares of Agrium Inc. this morning, as the stock has gained nearly 8% in premarket action after the company raised its second-quarter earnings guidance....MORE