CF Industries Inc. (
) posted lower second-quarter earnings and sales as an oversupply of nitrogen and softer ammonia demand from industrial users contributed to price declines.
The maker of fertilizer and other products said North American demand was solid at the beginning of April but was hurt by several weeks of wet and cool weather.
"The demand outlook for the 2017 fertilizer season is positive," but "abundant nitrogen supply will continue to pressure global pricing" as production...
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