Ag Stocks In Focus as Potash (POT) Saw Inventories Rise in March (AGU) (CF) (MOS)

Stocks in the Ag sector are under pressure Monday morning amid news from Potash (NYSE: POT) North American inventory levels moved higher over March.

BMO Capital's Joel Jackson is expecting a noticeable decline in inventory during the second quarter of 2012 amid "significant' demand improvements in Brazil.

Around the sector:

• Potash down 1 percent
  
• Agrium (NYSE: AGU) down 0.5 percent
  
• CF Industries (NYSE: CF) down 0.8 percent
  
• Mosaic (NYSE: MOS) down 0.5 percent

The Market Vectors Agribusiness ETF (NYSE: MOO) is about flat this morning.

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