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The World's Breadbasket Creates Record Earnings for the Fertilizers

Aug 12, 2008
Story Timeline:  150 days

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]                    

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Latest article on this story:

Millions could starve as fertilizer prices soar

hindu.com Aug 15, 2008
First article on this story:

'Farmers need more information on fertilisers'

jamaica-gleaner.com Aug 12, 2008
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