(Reuters) — Agrium Inc. reported first-quarter net earnings fell to $141 million, or 94 cents per share, from $155 million, or 97 cents a year earlier.
Revenue dropped 10 percent to $3.224 billion, as a cold spring delayed seeding and fertilizer application in the United States and Canada. It forecast weaker-than-expected earnings for the second quarter.
Rival Potash Corp. reported higher quarterly profits last month.