| Agrium Introduces Solutions for Crop Residue Management | |
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Agrium Inc.’s AGU subsidiary, Loveland Products, has unveiled Extract Powered by Accomplish, a new product that helps in crop residue management and extraction of nutrients from residues.
Extract Powered by Accomplish is an advanced solution for residue management and nutrient release. With the help of this product, growers can access the full nutrient potential of their crop residues. It facilitates the extraction of valuable crop nutrients from residues that can be added back to the soil. This helps growers reuse some of their fertilizer investments for the following season’s yield. Hence, the product enables farmers to benefit from increased return on investment in the long run.
Extract Powered by Accomplish combines ammonium thiosulfate (“ATS”) with one of Loveland's signature strong biochemical products – Accomplish LM. It is therefore specialized for crop residue management and pre-emerge applications.
The product speeds up residue decomposition and nutrient release when applied on crop residues, while the ATS present in it creates an optimal carbon to nitrogen ratio to boost microbial activity in the soil. This further triggers nutrient return to the soil profile.
Shares of Agrium rose around 3% to close at $102.20 on Sep 8.
Loveland Products will host a webinar on Sep 16, 2015, to help farmers understand how to unlock the nutrient potential of crop residues and benefit the next season's yield.
Zacks Rank
Agrium currently holds a Zacks Rank #4 (Sell).
Better-ranked companies in the basic materials space worth considering include CVR Partners, LP UAN, Rentech Nitrogen Partners, L.P. RNF and Innospec Inc. IOSP, all sporting a Zacks Rank #1 (Strong Buy).
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Agrium Inc.
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CODE : AGU.TO |
ISIN : CA0089161081 |
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ProfileMarket IndicatorsVALUE : Projects & res.Press releasesAnnual reportRISK : Asset profileContact Cpy |
Agrium Inc. is a producing company based in Canada. Agrium Inc. is listed in Canada and in United States of America. Its market capitalisation is CA$ 20.0 billions as of today (US$ 15.9 billions, € 13.3 billions). Its stock quote reached its lowest recent point on December 29, 2000 at CA$ 10.00, and its highest recent level on December 29, 2017 at CA$ 144.58. Agrium Inc. has 138 175 400 shares outstanding. |