02 April 2008 17:04 [Source: ICIS news]
TORONTO (ICIS news)--Fertilizer producers may be better off if agricultural commodity prices do not rise much further or risk government intervention, Mike Wilson, CEO of Canada's Agrium, said on Wednesday.
“I wouldn’t want to see commodity prices to go up a lot more,” ?xml:namespace>
“If grain prices spiked, I don’t think that is good for us … I like where they [prices] are,” he said.
The industry was already starting to see a lot of government inference, in the form of export duties and other measures, he added.
Regarding Agrium’s planned $2.65bn acquisition of
Agrium was willing to sell the seven sites in order to close the deal by June, he said.
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