Friday, April 30, 2010

Potash (TSE:POT), Intrepid Potash (NYSE: IPI), Agrium (TSE:AGU), Mosaic (NYSE:MOS), CF Industries (NYSE:CF) Look Strong

Potash (TSE:POT)(NYSE:POT), Intrepid Potash (NYSE: IPI), Agrium (NYSE:AGU)(TSE:AGU), Mosaic (NYSE:MOS) and CF Industries (NYSE:CF) should perform strongly in the months ahead, as the overall agricultural chemicals sector looks strong, based on corn demand.

Other agricultural chemicals companies should do well too, but this is just a sampling of some companies poised for growth.

Two major factors are the foundation for this assertion, and one is the price of gas, which has risen to the point where growing corn for ethanol could be profitable again, and the measured nutrient levels of soils are down, meaning corn will need a hefty dose to perform well, and the farmers will make sure they get it.

This should increase the price of fertilizer for the buying period of June through September, which ultimately should push the share prices of the agricultural chemicals companies up with them.

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