Fertilizers & Agricultural Chemicals

Kellogg Co (NYSE: K) reported a 14% rise in its second-quarter profit. Kellogg reported its quarterly profit at $343 million, or $0.94 per share, up from $302 million, or $0.79 per share, in the year-ago period. Its sales climbed 11% to $3.39 billion. However, analysts were expecting a profit of $0...

Potash Corp. of Saskatchewan (NYSE: POT) reported a 75% surge in its quarterly net profit and raised its earnings forecast for the year. Potash reported its quarterly net profit at $840 million, up from $480 million, in the year-earlier quarter. Its earnings per share surged to $0.96 from $0.53....

Shares of Sociedad Quimica y Minera (NYSE: SQM) are lower on the session by 1.38%, trading at $64.54. Overall call volume is now running at 7.00x the daily average, with 64% of all calls traded being purchases on the offer. 1,526 contracts have traded on the session so far. Sociedad Quimica y...

Bunge (NYSE: BG) unveils its next round of earnings this Thursday, July 28, 2011. Here's Benzinga's advanced look at Bunge's second quarter earnings report. Earnings and Revenue: Wall Street expects a EPS of $1.43 per share and revenues of $13.4 billion. Bunge's latest numbers will no doubt...

Many traders and investors see the 52-week high or low as an important indicator. Stocks that have a long-term trend in a certain direction are likely to continue, as that trend is the path of least resistance. In this case, shares of Monsanto (NYSE: MON) are hitting new 52-week highs. Traders...

Oppenheimer is out with its report today on Scotts Miracle-Gro (NYSE: SMG), maintaining Perform. In a note to clients, Oppenheimer writes, "We are reducing our fiscal 2012 EPS estimate for Scotts Miracle-Gro to $3.55 from $4.00 to better reflect heightened commodity cost pressures, most notably...

According to Piper Jaffray, Monsato (NYSE: MON), 2012 price increases expected. Piper Jaffrey is reporting that they are expecting to see an increase in 2012 like-for-like hybrids, which would most likely result in price increases for Monsato. PT is set at $90, EPS estimates at $2.88 (2011) and $3...

Scotia Capital is out with a research report on Potash Corp./Saskatchewan (NYSE: POT) as it previews earnings. It has a $63 price target and a Sector Outperform rating on shares. In a note to clients, Potash Corp./Saskatchewan (USA) (NYSE) writes, "Potash. Prices continue to trend higher; U.S....

Scotia Capital is out with a research report on Intrepid Potash (NYSE: IPI) after it released preliminary earnings last night. It has a Sector Underperform rating and a one-year price target of $31. In a note to clients, Scotia Capital writes, "IPI estimated Q2 MOP sales of 220k to 230k st @ $455...

Morgan Stanley reiterated its Overweight rating on CF Industries (NYSE: CF). At the same time, the rating agency raised its price target on the company's stock from $180 to $215. On Wednesday, CF added 0.48% to its value to end the day at $157.40.

Scotia Capital has a Sector Perform rating and a $80 one-year price target on shares of Mosaic (NYSE: MOS) after it reported earnings. In a note to clients, Scotia Capital writes, "We expected MOS' phosphate margin to decline, and it did. Gross margin per tonne dropped by 12% to $168/mt from $192/...

Citi is out with its report today on Mosaic (NYSE: MOS), maintaining Buy. In a note to clients, Citi writes, "We rate Mosaic shares Buy/High Risk (1H). Farmer purchases and application of fertilizers have improved due to firm grain prices and elevated grower income. Low nutrient soil levels in the...

Goldman Sachs is out with its report today on The Mosaic Co. (NYSE: MOS), maintaining Neutral. In a note to clients, Goldman Sachs writes, "MOS reported 4Q11 EPS of $1.52 vs. GS/consensus of $1.44/$1.38, driven by stronger potash (K) volumes and margins and in-line Phosphate (P) results. MOS also...

JP Morgan reiterated its Overweight rating on the Mosaic Company (NYSE: MOS). At the same time, the rating agency left its price target on the company's stock unchanged at $74. On Tuesday, MOS added 3.05% to its value to end the day at $68.49. Its shares continued to climb higher in today's pre-...

Bank of America Merrill Lynch is out with its report today on Intrepid Potash (NYSE: IPI), maintaining Neutral. In a note to clients, Bank of America Merrill Lynch writes, "Many of the same factors that aided IPI's relative performance versus its larger Canpotex competitors in the recent downturn...