August 3, 2016 / 9:47 PM / a year ago

Agrium's profit falls 16 percent on weak fertilizer prices

President and CEO Chuck Magro of Agrium addresses shareholders during the company's annual general meeting in Calgary, Alberta, May 6, 2015.Todd Korol

(Reuters) - Canadian fertilizer maker Agrium Inc (AGU.TO) AGU.N on Wednesday reported a 16 percent fall in quarterly profit due to weak fertilizer prices.

The company's net earnings fell to $564 million, or $4.08 per share, in the second quarter, from $674 million, or $4.71 per share, a year earlier.

Reporting by Rod Nickel in Winnipeg, Manitoba; Editing by Jonathan Oatis

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