November 5, 2008 / 4:55 PM / in 9 years

Agrium sees strong spring application season

TORONTO, Nov 5 (Reuters) - Agrium Inc (AGU.TO) said on Wednesday that it expects a strong spring fertilizer application season, but not before it runs into a weak fourth quarter as farmers defer applications of crop nutrients until early in the new year.

Agrium, the world’s third-largest nitrogen producer and the top U.S. retailer of crop supplies, also said that crop fundamentals were more positive than prices indicate and that food demand would not be hurt by an economic downturn. ($1=$1.16 Canadian) (Reporting by Scott Anderson; editing by Rob Wilson)

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