Fertilizer outlook mixed as nitrogen grows, potash slumps

Fertilizer makers say earnings, and demand, are set to recover in early 2013, and an early spring application season indicates signs of an uptick—particularly for nitrogen and ammonia producers. However, some challenges linger as many farm-growing regions are still expected to experience drought conditions. As a result of limited supply, crop commodity prices are surging higher and grain consumption is expected to decline in the 2012/13 growing season for only the sixth time in 40 years, according to a market report released by PotashCorp. In the fourth...

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