Markets
UAN

Agrium Introduces Solutions for Crop Residue Management

A generic image of a person with a calculator and a paper with a chart on it.
Credit: Shutterstock photo

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).

Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days . Click to get this free report >>

Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report

AGRIUM INC (AGU): Free Stock Analysis Report

RENTECH NITROGN (RNF): Free Stock Analysis Report

CVR PARTNERS LP (UAN): Free Stock Analysis Report

INNOSPEC INC (IOSP): Free Stock Analysis Report

To read this article on Zacks.com click here.

Zacks Investment Research

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

In This Story

UAN IOSP

Other Topics

Stocks

Latest Markets Videos