Agriculture & Fertilizer Stocks

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Friday, February 4, 2011

Top 3 Agricultural Stocks to watch in 2011

The Mosaic Company (NYSE: MOS) is a Plymouth, Minnesota-based producer and marketer of concentrated phosphate and potash crop nutrients for the worldwide agriculture industry.

Mosaic will announce its second-quarter financial results next week. For the first quarter, the company posted total phosphate sales volumes of 3.1 million tons, and total potash sales volumes of 1.7 million tons. The company’s gross margin was 23% in the first quarter. It posted a net income of $297.7 million, or $0.67 per share.

For the second quarter, the company expects total phosphate sales volumes to come in between 3.3 million and 3.6 million tones and total potash sales volumes to come in between 1.6 million and 1.9 million tons.

The Mosaic stock has a 52-week range of $37.68-$74.25. Year-to-date, the stock is up 18.95%.

The Dow Chemical Company (NYSE: DOW) is a Midland, Michigan-based company engaged in the manufacture and sales of chemicals, plastic materials, agricultural and services, and other specialized products and services.

Earlier this month, Dow announced that it plans to build a new Propylene Glycol Plant in Thailand. The company said that it plans to build a plant with production capacity of up to 150 KTA.

Earlier this month, Dow also declared a quarterly dividend of $0.15 per share. The dividend will be payable on January 28, 2011, to shareholders of record on December 31, 2010.

The Dow Chemical stock has a 52-week range of $22.42-$34.50. Year-to-date, the stock is up 23.34%.

Agrium Inc. (NYSE: AGU) is a Calgary, Canada-based retailer of agricultural products and services in the U.S., Argentina, Chile and Uruguay. The company is also engaged in the worldwide production and wholesale marketing of nutrients for agricultural and industrial markets.

Earlier this month, Agrium announced that it successfully completed its acquisition of AWB Limited at a price of $1.50 per share in cash.

The Agrium stock has a 52-week range of $47.96-$89.69. Year-to-date, the stock is up 39.27%.

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