Agrium's profit falls 16 percent on weak fertilizer prices

Wed Aug 3, 2016 5:40pm EDT
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Aug 3 (Reuters) - Canadian fertilizer maker Agrium Inc 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)