Despite another increase in the unemployment numbers in the United States, the Canadian Markets continued to rally during Thursday’s session. For the tale of the tape, the TSX Exchange climbed 1.40%, while the TSX Gold Index tacked on 2.4% and the TSX Venture Exchange, Canada’s largest junior exploration bourse, added 0.90% with the advancers beating out the decliners by a 402 to 312 margin on volume of 147 million shares traded.

Potash Corporation of Saskatchewan (NYSE:POT) tabled first quarter earnings of $308.3 million or $1.02 per share down from the $566 million or $1.74 per share tallied in the first quarter of 2008. Prices for potash actually rose during the quarter but demand fell by 86 per cent. Potash ended the day down C$2.91 at C$97.49.

Suncor Energy (NYSE:SU) reported a first quarter loss of C$189 million or C$0.20 per share with output hitting 278,000 barrels per day during

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After a month long sell-off that saw Mosaic Company (MOS), Potash Corporation of Saskatchewan (POT), and Monsanto Company (MON) dip from 4-15%, the agricultural chemical companies have rebounded to new highs within the last two weeks. Monsanto is still close to a new high with Mosaic and Potash striking new highs on Wednesday. Corn continues to rally which makes the fertilizers and the seeds required for crop production that much more demanded. Corn is at $7, a new high and the use of crops for fuel is making agriculture follow crude oil in a very strong rally. I like Potash the best of ...