Agrium News

Viterra's roots go back nearly 100 years to the days when farmers across the prairies banded together to sell their grain.

The firm set an "underperform" rating and a $71.00 price target on the stock. The analysts wrote, "Grain prices have come off late summer 2011 highs, and are now ~5% above the midpoint of the current cycle, largely on expectations of a bumper global grain harvest this year.

PROGRESSIVE AGRICULTURE SAFETY DAY PROGRAM EXPANDS TO SOUTH AMERICA May 24, 2012 Source: Progressive Agriculture Foundation news release The Progressive Agriculture Foundation farm Safety Day program has been licensed to Agrium for use in South America.

Strikers picket in front of the CP Rail's Alyth Yard in Calgary, Alta., Wednesday.

AGRIUM ADVANCED TECHNOLOGIES ADDS TO SALES TEAM IN U.S. AND CANADA May 23, 2012 Source: Agrium Advanced Technologies news release Notable growth in ESN and micronutrient products has prompted Agrium Advanced Technologies to add new sales professionals and promote several team members.

Qualified golf superintendents, turfgrass managers, distributors and horticultural professionals will receive invitations from AAT sales representatives to attend the event, scheduled for AAT's corporate headquarters in Loveland, Colo., plus Harmony Community and Golf Course, and Colorado State University in nearby Fort Collins, Colo.

CEO Steve Dechka says Canpotex also plans to help train and support farmers in the Asian country to help them improve crop yields.

When the USDA released its initial 2012/13 estimates for the U.S. and global wheat crop the agency said it expects higher wheat production in the US, offset by lower production around the world and resulting in lower global ending stocks.

Saskatchewan said on Friday, May 11, it wants Ottawa to impose conditions on Swiss-based Glencore's C$6.1 billion takeover bid for Canada's top grain handler, Viterra Inc, which is headquartered in Saskatchewan.

Agrium Incorporated maintained a dividend of 22.5 cents per share. The dividend will be paid on July 12, 2012 to shareholders of record on July 1, 2012.

On Wednesday, Agrium Inc reported its first quarter earnings and discussed the following topics in its earnings conference call.

The government of the Western Canadian province of Saskatchewan said on Friday it wants the federal government to impose conditions on Glencore International PLC's C$6.1 billion takeover bid for the country's top grain handler, Viterra Inc , which is headquartered in Saskatchewan.

Agrium reported first quarter earnings of $155 million or $0.97 per share on revenues of $3.6 billion.

Fertilizer producer and retailer Agrium Inc reported better-than-expected quarterly results on Wednesday, driven by a strong performance in its farm retail segment and strong sales of its nitrogen-based crop nutrient products.

Agrium Inc. said first-quarter earnings were down 9%, hurt by a loss on hedge positions and a share-based payment expense, but sales climbed 23%, helped by higher volumes across its major product lines.The Calgary fertilizer company earned $155 million or 97 cents a share in its latest quarter, down from $171 million or $1.09 a year ... (more)

Fertilizer producer and retailer Agrium Inc reported better-than-expected quarterly results on Wednesday, driven by a strong performance in its farm retail segment and strong sales of its nitrogen-based crop nutrient products.

Agrium Inc. announced today consolidated net earnings of $155-million for the first quarter of 2012, compared with the net earnings of $171-million reported in the first quarter of 2011 .

Fertilizer producer and retailer Agrium Inc's quarterly profit fell on hedging losses and higher costs, including a more-than-five-fold rise in pre-tax share-based payments.

Opposition Leader John Nilson said Tuesday that an official with Swiss-based Glencore said in an interview yesterday that there will be relocations of jobs.

Glencore International Plc said on Friday that Canada's Competition Bureau will not stand in the way of its $6.1-billion takeover bid for top Canadian grain handler The Competition Bureau decision removes one of two major regulatory obstacles to one of the biggest deals in years in the agricultural sector.