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vielleicht ist das tagesplus schon die erste auswirkung auf das 'golden cross'... wir erinnern uns ...gd38 kreuzt(e) gd200...schlussauktion ist GRUEN mit 221.060 shares...wobei man fairerweise erwaehnen sollte, dass bereits seit einer woche die schlussauktionen IMMER GRUEN waren!
CARLSBAD >> Recently released earnings reports from Southeast New Mexico's two operating potash companies paint the picture of a struggling industry hoping to rebound this coming spring.
Both potash companies saw decreased revenues in 2013, but Intrepid was more severely impacted by declining prices in the global potash markets.
Intrepid reported a net loss of $6 million in the fourth quarter of 2013, compared to a net income of $14.5 million for the same quarter in 2012, and ended 2013 with a total of $25.1 million in cash, cash equivalents and investments.
Mosaic finished the fourth quarter with net earnings of $129 million, compared to $616 million in the fourth quarter of 2012, and ended 2013 with a total of $5.3 billion in cash and cash equivalents.
"While our results for the fourth quarter reflect the low market prices for potash and phosphates, current market conditions are improving," said Jim Prokopanko, president and chief executive officer of Mosaic in a mid-February press release.
Mosaic sold 1.9 million metric tons of potash in the fourth quarter of 2013, a 22 percent sales growth from the third quarter 2013, and reported $652 million in net sales of potash. Mosaic produced 1.7 million tons of potash, 65 percent of the company's operational capacity.
Prokopanko is optimistic that come March farmers across the country will have more need for fertilizer than in the previous year."Customers believe a bottom in potash prices has been reached and are now exhibiting improved confidence in their buying decisions." Prokopanko said. "In 2014, we expect record global shipments and improving producer operating sales. Our long-term constructive outlook for potash has not changed."
Intrepid laid off 7 percent of its workforce in January and remains cautious with its expectations.
"With the uncertainty around potash price, we will remain focused on managing our cost structure; optimizing the performance of our new assets; creating more sales flexibility and diversity; and realizing the value of the incremental, low-cost potash produced at our new HB Solar Solution mine," said Bob Jornayvaz, Intrepid's executive chairman of the board in a mid-February press release.
Intrepid reported a sales volume of 167,000 tons of potash in the fourth quarter of 2013 compared to 203,000 tons in the same quarter last year, and produced 209,000 tons of potash in the quarter.
Intrepid reports their potash volumes in short tons, while Mosaic and most of the potash industry instead uses metric tons. One short ton equals 2,000 pounds. One metric ton equals 1,000 kilograms or 2,204.62 pounds.
Dealing with the frequent and heavy snowfalls this year, amounting
to more than 60 inches for the season so far, would be challenging
for any community. But Burbank Public Works Director Bill Trovato
said his workers, while tired, have been able to manage the situation well.
“I think we have fared pretty well,” said Trovato, a 31-year veteran
of the department he has led for the past 10 years.
In addition to clearing snow and salting streets, filling potholes has kept Public Works Department employees this year. He noted that he only has 14 employees, along with two mechanics. They have all
been working long days and weekends, but at least there hasn’t
been a shortage of salt, which has been a common complaint of
communities across Illinois.
Speaking on Wednesday, Trovato said that while he was happy to see the snow melting and grass appearing during the brief warm up, he still has enough salt on hand to deal with any more snow that might arrive before spring finally comes.
“We have a contract with Morton,” said Trovato, explaining that the company won the bid this year for the usual order of 3,000 tons of salt, costing about $46 per ton. The salt is paid for with motorfuel
tax funds received by the city.
“We have about 1,000 tons left,” he said, noting that it is delivered as needed. Anything left over can be used through Dec. 31.
Trovato noted that while the city of Burbank is just two miles by three miles wide, there are 96 miles of streets that must be
plowed and salted.
“We didn’t have to skimp on the salt,” Trovato said. “These are our
residents, and they pay our salaries. We have to keep them safe.”
He said that while alleys are not usually plowed in Burbank, they
had to be done twice this year because the snow was so high.
“People will ask us to shovel them out, and we will do it as time
permits,” he said. “We don’t want them to hurt themselves.”
In Oak Lawn, Trustee Alex Olejniczak (2nd) often recruits groups of teen volunteers to shovel sidewalks for people in his district unable to do it themselves.
Like in Oak Lawn and other communities, finding places to store the snow has been challenging.
The mountains of snow piled behind the Oak Lawn Village Hall make Raymond Avenue look a bit like the Alps, and Trovato said it is the same in Burbank.
Fears of heavy melting leading to flooding had not materialized
as of Wednesday, and Trovato was happy to see the size of the snowpile decreasing in the mild weather. “It has gone down several
inches already,” he said.
Trovato was out filling potholes on Central Avenue on Wednesday,
and he said all the department staffs pitch in and work together
to ensure that fire hydrants and drains are cleared. “They know
we only have 14 people here,” he said.
“Overtime is the only issue here. But that is all budgeted for,” he
said, noting that some drivers have been working 14 and 15 hours.
“It has been a challenging winter, with the snow and the windstorms.
But there is a light at the end of the tunnel,” Trovato added.
swnewsherald.com/...ing-hard-in-this-brutal-winter-p4664-1.htm
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