Agrium quarterly profit falls 34 pct on low crop prices

Mon Nov 3, 2014 6:52pm EST
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Nov 3 (Reuters) - Canadian fertilizer and farm retail dealer Agrium Inc reported a 34 percent fall in third-quarter profit as low crop prices and favorable growing conditions hurt demand for some of the company's products.

Net earnings for the quarter ended Sept. 30 fell to $50 million, or 35 cents per share, from $76 million, or 52 cents per share a year ago.

Sales rose to $2.92 billion from $2.80 billion. (Reporting by Devika Krishna Kumar in Bangalore; Editing by Chris Reese)