The World's Breadbasket Creates Record Earnings for the Fertilizers

Global Food Demand is On the Rise Global demand for food continues to increase as the emerging market countries change diet and are eating more beef. The beef demand has increased grain demand, which is needed in order to feed the cattle. Agriculture commodity prices have skyrocketed in 2008 as demand has soared. Behind the farming scene is a little known industry called the fertilizers, which supply the building blocks to farmers around the world who use fertilizers to increase crop size and health. As prices rise for wheat, soybeans, or corn, farmers are eager to plant more crops in order to cash in on the price increases. Farmers then invest in more fertilizer to increase their crop size. Fertilizers See Earnings Soar in the Last Six Months Many of the major fertilizer companies have recently reported quarterly earnings... [read full story]