GFM Network News

Mosaic doesn’t expect U.S. drought to dent sales

The drought devastating the U.S. corn crop likely won’t dent fertilizer sales, Mosaic Co. said on Tuesday as it reported better-than-expected quarterly results. The results and bullish forecast helped push the company’s stock up 4.2 per cent in midday trading. Drought is affecting about 55 per cent of the contiguous United States, which accounts for […] Read more

Pioneer Plans To Raise Corn, Soy Seed Prices

Reading Time: < 1 minute Pioneer s seed unit plans to raise prices in the mid-single-digit range next year as it takes U.S. corn and soybean market share from Monsanto and other rivals. The price increase would be in line with a similar move the company undertook for the 2011 North American planting season and comes as corn prices sit […] Read more