CF Industries Targets Overseas Amid Deep U.S. Drought
Posted on August 07, 2012 at 13:32 PM EDT
CF Industries (CF), the largest North American fertilizer company, is counting on overseas sales to bolster results until the U.S.' devastating drought ends. In a conference call with analysts Tuesday morning, CEO Stephen Wilson said the drought is taking a toll on farmers here, but overseas demand will drive fertilizer sales until the drought ends. "I wouldn't suggest there is any permanent (fertilizer) demand destruction," in the U.S., Wilson