The Tampa anhydrous ammonia price for March has rolled over at the $250/mt CFR mark.

LSB Industries Inc., Oklahoma City, reported a fourth-quarter net loss of $27.7 million, an increase over the year-ago loss of $13 million. However, the company reported a full-year loss of $63.4 million, an improvement over 2018’s loss of $72.2 million.

“Our fourth quarter capped off a year of significant progress and challenges for LSB,” stated Mark Behrman, LSB President and CEO. “Net sales and adjusted EBITDA were down relative to the same quarter last year due to weaker selling prices for both our agricultural and industrial products as well as lower overall sales volumes resulting primarily from an extensive planned turnaround at our Pryor facility and several unplanned outages, partially offset by lower natural gas prices.”

Israel Chemicals Ltd., Tel Aviv, reports that it has acquired Growers Holdings Inc., Raleigh, N.C., which has a platform that collects and structures manual and machine-generated farm data.

“The acquisition of Growers expands and strengthens our offering of agro-digital services and our capability to develop innovative solutions to generate higher agricultural yield and more efficient and sustainable agricultural practices,” said ICL President and CEO Raviv Zoller.

CVR Partners LP, Sugar Land, Texas, had a full-year net loss of $35 million, compared to 2018’s net loss of $50 million. However, it reported a fourth-quarter net loss of $25 million, compared to a year-ago loss of $1 million.

“For the full-year 2019, CVR Partners achieved year-over-year increases in net income and EBITDA,” said Mark Pytosh, CEO of CVR Partners’ general partner. “The business also achieved higher fertilizer sales volumes and stronger product pricing during the year, and as a result, distributed a total of 40 cents per unit during 2019 despite continued weather impacts that created less than desirable market conditions during the year.”

The Mosaic Co., Tampa, reported a net loss of $1.07 billion for full year 2019, versus 2018 income of $470 million. The dive reflected noncash charges from previously announced asset portfolio optimization decisions as well as a goodwill impairment, all related to challenging industry conditions. Mosaic noted that weather conditions, including the wettest year in North America in almost 50 years, negatively impacted North American spring and fall applications and sales volumes, which in turn pressured prices.

Mosaic had a fourth-quarter loss of $921 million, compared to year-ago income of $112.3 million.

Nutrien Ltd. announced a fourth-quarter net loss from continuing operations of $48 million versus the positive year-ago $296 million. The company said the results were caused by the impact of a temporary slow down in global fertilizer demand that more that offset a strong performance by Retail.

The company said 2019 net earnings from continuing operations increased to $992 million from the year-ago loss of $31 million due to solid operational results, the continued benefit of merger related synergies and operational improvements and a non-cash impairment of the New Brunswick potash facility in 2018.

“Agriculture fundamentals are strengthening and grower sentiment is positive. We expect higher planting and favorable farm economics to support strong North American crop input demand in 2020,” said Chuck Magro, Nutrien President and CEO.

CF Industries Holdings Inc., Deerfield, Ill., reported an uptick in net earnings for both the year and fourth-quarter ending Dec. 31, 2019. Full-year earnings attributable to common stockholders was $493 million, up from $290 million. Fourth-quarter earnings were $55 million, up from $49 million. Tons sold were up for both the year and the quarter.

Compass Minerals reports that after deep consideration of its core competencies, it has initiated an evaluation of the long-term strategic fit of its Plant Nutrition South America business to determine the best options for unlocking the true value of these assets. It said the review could result in a variety of outcomes.

Compass Minerals reported net earnings for 2019 of $62.5 million, down from 2018’s $68.8 million, citing $3.8 million in special items related to logistics cost impacts from Mississippi River flooding and executive transition costs. Excluding special items, net earnings totaled $66.3 million, compared to $65.8 million in 2018.

Nutrien Ltd.’s Vanscoy potash mine is to return to production in March, according to a report in the Saskatoon StarPhoenix citing a Nutrien spokesman. The company had not responded to inquiries at the time of this alert. Nutrien had just confirmed last week that the mine would remain down through February.