Intrepid Potash Inc. reported second quarter net income of $5.6 million up from a year-ago loss of $1 million, citing a diversified portfolio as well as good Potash and Trio segment results despite a challenging spring season.

The Mosaic Company, Plymouth, Minn., announced that the unprecedented wet weather in the Midwest United States negatively impacted its North American spring fertilizer sales volumes and phosphates margins. Mosaic reported a net loss of $233 million for the second quarter of 2019, including a $284 million noncash after-tax charge for the permanent closure of the company’s Plant City phosphate facility. In addition, it said that the acceleration of the development of the K3 potash mine is prompting the company to curtail potash production at the Colonsay mine.

CF Industries Holdings Inc. reported second-quarter net earnings attributable to common stockholders of $283 million, up from the year-ago $148 million.

“The CF team operated exceptionally well during a challenging spring season,” said President and CEO Tony Will. “We shifted our production mix, favoring urea over UAN to capture higher margin opportunities, we leveraged our transportation flexibility to overcome the impact of historic flooding and we reliably supplied our customers where and when they needed product.”

The two Iranian vessels stranded in Brazil for almost two months received fuel from Petrobras. The ships left after a Brazilian court ordered the state-owned petroleum company to provide fuel. The Termeh is heading to Imbituba to load up on corn. Both ships delivered urea to Brazil in exchange for corn.

Nutrien Ltd., proved more resilient than expected to U.S. weather disruptions in the second quarter though it did lower its full-year earnings forecasts. Net earnings from continuing operations were up at $858 million from the year-ago $741 million.

The company reported adjusted earnings per share that beat the average analyst estimate, according to Bloomberg, while revenue also exceeded expectations and was up 6.3 percent from the year-ago period. The company’s shares rose about 2 percent in New York after-hours trading.

Despite a wet second-quarter, LSB Industries Inc. reported increased income and revenues, citing increased fertilizer and industrial volumes, as well as higher fertilizer prices. Net income was $6.6 million on revenues of $121.5 million, up from a year-ago loss of $27.5 million and revenues of $103.2 million.

Two contract workers applying fertilizer to a sports field at a Houston high school July 29 were overcome by fertilizer fumes at their tanker truck and died, according to the Houston Fire Department. A third worker called 911. No further details were immediately available.

Australian Competition & Consumer Commission (ACCC) is seeking views on a proposed undertaking offered by Nutrien Ltd. in relation to its proposed acquisition of Ruralco, according to Bloomberg. The proposal seeks to address some of the preliminary competition concerns identified by ACCC in June. Under the proposal, Nutrien’s Landmark unit would divest three rural merchandise stores located in Broome, Alice Springs and Hughenden to a purchaser approved by the ACCC.

Martin Midstream Partners LP, Kilgore, Texas, reported second-quarter Sulfur Services operating income of $5.3 million on revenues of $35.9 million compared to the year-ago $3.6 million and $38.5 million, respectively. While Martin said its fertilizer business experienced weak demand in June due to a shortened planting season caused by rain and flooding, fertilizer volumes for the quarter were only off 5 percent to 88,000 lt from the year-ago 93,000 lt. Sulfur volumes were up 4 percent to 182,000 lt from 178,000 lt.

Company-wide, Martin, citing headwinds in all of its business units, reported a loss from continuing operations of $10.6 million ($0.27 per limited partners unit) on total revenues of $187.3 million, compared to the year-ago loss of $9.5 million ($0.31 per share) and $227.2 million.

Despite a very wet spring season, CVR Partners LP, Sugar Land, Texas, reported both increased income and volumes during the second-quarter and first-half ending June 30, 2019. Second-quarter net income was $19 million ($0.17 per common unit) on net sales of $138 million, up from the year-ago loss of $16 million ($0.15 per unit) and sales of $93 million.

“We continued to experience wet weather across the Midwest during the second quarter of 2019, which impacted the spring planting season and hindered the movement of nitrogen fertilizer across the country,” said Mark Pytosh, CEO of CVR Partners’ general partner. “However, our plants ran well in the quarter, with ammonia utilization rates of 97 percent at Coffeyville and 98 percent at East Dubuque. Despite the weather impacts, we experienced solid demand for fertilizer during the second quarter and were able to deliver significant volumes of product to customers at netback prices much higher than the second quarter 2018.”