Potash

Iran’s Minister of Agriculture Gholamreza Nouri Qezeljeh and Belarus' Industry Minister Andrei Kuznetsov have reached an agreement on the joint production of agricultural machinery and potash fertilizer.

EghtesadOnline: Plunging crop and fertilizer prices may not have hit rock bottom yet, and the market's weakness makes it the right time to merge leading farm input suppliers, the chief executive officer of Agrium Inc said on Tuesday, making his pitch to skeptical investors for a $26 billion union with Potash Corp of Saskatchewan Inc.

EghtesadOnline: Canada's Agrium Inc will woo reluctant shareholders next week in Toronto to support its proposed merger with Potash Corp of Saskatchewan Inc, and seek to appease concerns that it has little to gain by marrying its fertilizer rival.

EghtesadOnline: Canada's Potash Corp of Saskatchewan and Agrium Inc are more likely to win approval for a potential merger in Canada than the United States, but U.S. rejection of the deal would scuttle it globally, competition lawyers said.