Crop PricesThe ag complex narrative has improved somewhat since the USDA's report, which showed tighter-than-expected corn supply/demand trends, resulting in an uptick in corn prices.
Potash MarketThere is optimism about the potash market with improving prices and strong demand in regions like Southeast Asia and China.
Retail PerformanceRetail EBITDA of $340M was 48% higher than the previous year on higher crop protection and seed margins, and lower expenses.