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In this June 25, 2013, file photo, a mechanical harvester picks tomatoes in the Westlands Water District near Five Points, Calif. A federal agency said Friday, Feb. 27, 2015, it will not release water for most Central Valley farms this year, forcing farmers to continue to scramble for other sources or leave fields unplanted. Many farmers had been bracing for the news as California's drought enters its fourth year. (AP Photo/Gosia Wozniacka, File)

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In this June 25, 2013, file photo, a mechanical harvester picks tomatoes in the Westlands Water District near Five Points, Calif. A federal agency said Friday, Feb. 27, 2015, it will not release water for most Central Valley farms this year, forcing farmers to continue to scramble for other sources or leave fields unplanted. Many farmers had been bracing for the news as California's drought enters its fourth year. (AP Photo/Gosia Wozniacka, File)

PotashCorp buys 9.5%stake in Brazil's Fertilizantes Heringer for US$55.7M

SASKATOON - Potash Corp. of Saskatchewan (TSX:POT) has signed an agreement to buy a 9.5 per cent stake in Brazil-based Fertilizantes Heringer S.A. from controlling shareholders for US$55.7 million.

PotashCorp says the agreement, subject to regulatory approvals, paves the way for a long-term potash supply agreement that would allow it to ...

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