Fertilizer Giant Seeks Canadian Potash Mines

Source: Bloomberg, Pratik Parija and Prabhudatta Mishra (7/25/12)

"The price of the commodity has increased at least 13% from a year earlier as countries including China, the world's largest consumer, paid more for imports after a drought in the U.S. pushed up the cost of grains."

Bloomberg, Pratik Parija and Prabhudatta Mishra

Rashtriya Chemicals & Fertilizers Ltd. (RCF), India's second-biggest state-run maker of soil nutrients, plans to buy into potash mines in countries including Canada to secure supplies, Chairman R.G. Rajan said.

The price of the commodity has increased at least 13% from a year earlier, according to data compiled by Green Markets, as countries including China, the world's largest consumer, paid more for imports after a drought in the U.S. pushed up the cost of grains.

Owning stakes in mines overseas may help the Mumbai-based company shield many of India's 235 million farmers from rising costs when the annual monsoon is deficient. Lack of rain this year is threatening to crimp agricultural output. Potash, a form of potassium, is used by growers of crops including wheat, rice and sugar cane to strengthen roots and resist drought.

"India is a large importer of potash with no domestic supplies," Jason Miner, a chemicals analyst at Bloomberg Industries in Princeton, New Jersey, said in a telephone interview. "It's logical to secure supply of potash particularly if the acquirer thinks that potash prices will rise more than generally expected.". . .View Full Article

Life Sciences Co. Receives Large Livestock Feed Order from New Client in Mexico
Source: Streetwise Reports (01/27/2021)

Avivagen Inc. reported it has secured a six tonne order for OxC-beta™ Livestock from a new customer in Queretaro City, Mexico.

Intrepid Shares Grow 40% on Positive Upward Trend for 2021 Trio and Potash Prices
Source: Streetwise Reports (12/31/2020)

Shares of Intrepid Potash Inc. sprouted to a new 52-week high after the company reported that it anticipates greater demand and higher prices for its Trio® and potash products in 2021.

Life Sciences Firm Reports Year of Record Breaking Orders
Source: Streetwise Reports (12/18/2020)

Avivagen Inc. reported FY/20 audited financial results that included a 20.5% increase in YoY revenue.

Surging Agricultural Prices, $17 Trillion and Phosphate
Source: Brian Ostroff for Streetwise Reports (11/23/2020)

Brian Ostroff, managing director at Windermere Capital and CEO of Arianne Phosphate, discusses the recent rise in agricultural commodity prices and their spillover into fertilizers.

Note to Fed: Be Careful What You Wish For
Source: Michael Ballanger for Streetwise Reports (11/23/2020)

Sector expert Michael Ballanger examines the charts for commodities like soybeans and the components used in handheld electronic devices, and reflects on what they say about the future prospects of those who hold mortgages and invest in precious metals.

Large Scale Automation Comes to Cannabis
Source: Keith Schaefer for Streetwise Reports (11/02/2020)

Keith Schaefer, the Investing Whisperer, offers his analysis of the investment proposition offered by Icanic Brands, and how its ability to generate up to 1,000 pre-rolls per hour could dramatically affect the company's bottom line.

Life Sciences Firm Lands Record 4 Metric Tons Order for Antibiotic-Free Feedstock
Source: Streetwise Reports (10/14/2020)

Avivagen Inc. reported that it has received a record purchase order for its OxC-beta™ product from UNAHCO.

Life Sciences Company Posts Record Q3 Revenue Due to Successful Recurring Purchase Model
Source: Streetwise Reports (09/09/2020)

Avivagen Inc. reported unaudited financial results for Q3/20 that included record revenue and product sales volumes that nearly eclipsed FY/19 levels.

Life Sciences Company Registers First Non-Antibiotic Livestock Feed Additive Sale in Brazil
Source: Streetwise Reports (08/12/2020)

Avivagen Inc. reported it achieved its first sale of OxC-beta™ Livestock in Brazil, the world's third largest livestock feed market.

August Approaches: Accumulation, Conversation and the Promise of Silver
Source: Michael Ballanger for Streetwise Reports (07/20/2020)

In this week's advisory, sector expert Michael Ballanger reviews the most recent market news, celebrates old-school communication techniques and offers strategies for investing in the dog days of summer.