Higher Prices and Catch-Up Volumes Highlight Our 2Q Earnings Takeaways for the Agriculture Space
After unfavorable weather weighed on first-quarter results for many of the ag companies we cover, volumes rebounded for nearly all companies in the second quarter. Through the first half of 2018, demand for nearly all crop input categories is roughly even with the first half of 2017. In crop chemicals, the shortened planting season resulted in greater demand for in-season herbicides and insecticides. We now expect crop chemicals volumes to be nearly flat in 2018 compared with 2017.In fertilizer...
Mosaic is a producer and marketer of concentrated phosphate and potash crop nutrients. The company is organized into three reportable business segments: Phosphates, which owns and operates mines and production facilities in Florida that produce concentrated phosphate crop nutrients and phosphate-based animal feed ingredients, and processing plants in Louisiana that produce concentrated phosphate crop nutrients; Potash, which mines and processes potash in Canada and the United States and sells potash in North America and internationally; and Mosaic Fertilizantes, which produces and sells concentrated phosphates crop nutrients, phosphate-based animal feed ingredients and potash fertilizer.
Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.
Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.
We have operations in 27 countries.
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