Smart Stocks Investing

The agriculture sector has been a tough one to work within lately. Yet fertilizer producers may be on their way back up. Last month in Agrium’s (AGU) earnings, the company cited their forecast moving forward, commenting that there has been a surge in the demand for potash at the start of 2010 and that strong demand should continue into the spring. Further, Brazil, one of the largest importers of potash, is supposed to rebound. Demand is increasing because food demands are expected to increase as the market recovers. The Agrium calls reiterate a position Mosaic (MOS) took back in January with their last earnings announcement: that fertilizer is back.