For Immediate Release

Chicago, IL – September 30, 2009 – Zacks.com releases the latest Zacks Industry Rank. Stocks featured in this week’s analysis include Agrium (AGU), CF Industries (CF), Intrepid Potash (IPI), Mosaic (MOS), Potash of Saskatchewan (POT) and Market Vectors Agribusiness (MOO).

Zacks Industry Rank Analysis is written by Charles Rotblut, CFA, Senior Market Analyst for Zacks.com.

This week: Fertilizer's Farming Problem

Hostile takeover attempts have kept fertilizer companies in the news. The acquisition talk has helped to overshadow a negative trend that should have investors concerned - ongoing cuts to full-year profit forecasts.

During the past 90 days, the Zacks Consensus Estimates have been revised downwards on several fertilizer companies, including Agrium (AGU), Intrepid Potash (IPI), Mosaic (MOS) and Potash of Saskatchewan (POT).

The most recent cuts were related to a warning from POT. The company predicted

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Hostile takeover attempts have kept fertilizer companies in the news. The acquisition talk has helped to overshadow a negative trend that should have investors concerned - ongoing cuts to full-year profit forecasts.

During the past 90 days, the Zacks Consensus Estimates have been revised downwards on several fertilizer companies, including Agrium (AGU), Intrepid Potash (IPI), Mosaic (MOS) and Potash of Saskatchewan (POT).

The most recent cuts were related to a warning from POT. The company predicted that its full-year profits would be in the range of $3.25 to $3.75 per share, instead of the prior guidance of $4 to $5 per share. The company blamed "continued slow demand and limited restocking by fertilizer distributors" as the reasons for the revised forecast.

All Is Not Well on the Farm

The big reason why profit projections for fertilizer companies have been falling is not weaker demand for fertilizer,

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Clenergen Corp. has developed a unique system of co-gasification and localized plantation management using proprietary and mixed biomass feedstocks to implement sustainable supplies of clean energy to regional, independent clients and national electric grids. The “distributed environmental power system” or DEPS combines significant proprietary advancements in plant science with proven, long-standing engineering technologies to achieve the goal of renewable and sustainable supplies of electricity.

Clenergen has an absolutely outstanding group of scientific advisors and non-executive directors to guide them on a path to future success. Here is a brief overview of the group:

Dr. N. Barathi – Biotechnology Science Advisor

Dr. N. Barathi has 25 years of experience in plant propagation by tissue culture and cultivation of plants. He has conducted research in bamboo for the past 10 years and identified an ideal bamboo clone for energy plantation and standardized agronomical management and agriculture

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Waste Services, Inc. (WSII) recently announced it would commence a note offering raising a total of $50 million in new capital. The company is offering 9.5% senior subordinated notes due 2014 in a private placement to qualified institutional investors. The sale is permitted under Rule 144A of the Securities Act of 1933.

Waste Services, Inc. already has an existing senior subordinated note outstanding with a principal value of $160 million, and a 9.5% coupon. The two sets of bonds will trade as one issue post closing. Waste Services, Inc. reported net income of $3.4 million, or $0.07 per share, in its most recent quarter. Its total debt prior to this issue was $365 million as of 6/30/2009.

Waste Services, Inc. provides waste collection, processing and recycling services to residential, commercial, industrial and commercial customers. The company has operation in the United States in Florida, and in Canada in

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Today, Clenergen Corp. announced that it has received approval from Madurai Kamaraj University, a respected University established in 1966, to inititate a research project on behalf of Clenergen to develop and apply new scientific techniques to enhance growth of biomass crops and to develop superior agronomical practices for best possible utilization of available natural resources to maximize yield.

Clenergen told investors today that it has accepted the terms of the technical engagement and that the project will commence during the first week of October 2009. The Department of Bioenergy, School of Energy, Environment and Natural Resources of the University will execute the project for Clenergen. Currently, Dr K. Muthuchelian is currently Director for Biodiversity and Forest Studies at the Madurai Kamaraj University, and Professor and Head of the School of Energy, Environment and Natural Resources at Madurai Kamaraj University, Madurai.

Prof. K. Muthuchelian

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September 17, 2009 ndash; Analyst Comments ndash; Research Capitalrsquo;s Matt Gowing weighed in on Tonbridge Power Corporation (TSX.V:TBZ) this morning stating that he thinks the stock should see near-term strength. Yesterday, Tonbridge announced that the Western Area Power Administration (Western), under the U.S. Department of Energy ("DOE"), will fund up to $161 million of the estimated $215 million Montana Alberta Tie Ltd. (MATL) transmission line project. The project will use borrowing authority provided under the American Recovery and Reinvestment Act, ("ARRA"). Tonbridge is the 100% controlling shareholder of MATL. Gowingrsquo;s Key Takeaways: middot;nbsp;nbsp;nbsp;nbsp;nbsp;nbsp;nbsp;nbsp; MATL's line will span approximately 345 km between Lethbridge, Alberta and Great Falls, Montana. It will initially provide bi-directional power transfer up to 300 MWs. middot;nbsp;nbsp;nbsp;nbsp;nbsp;nbsp;nbsp;nbsp; The principal business opportunity identified by Tonbridge arises because Albertarsquo;s electricity market has previously connected only to British Columbia to the west and to Saskatchewan to the east, and not directly to ...

Recently, I had the unique opportunity to tour two different oil sands operations near Fort McMurray, in northern Alberta. I saw a massive open-pit oil sands mine, and the associated reclamation effort, operated by Syncrude Canada Ltd. I also visited an in situ oil sands recovery project called Surmont, operated by ConocoPhillips (NYSE:COP).

The trip was sponsored by the American Petroleum Institute (API), which paid for the airfare and accommodations. Managers at both Syncrude and ConocoPhillips granted me access to any parts of their operations I wanted to see (within allowances for safety). And everyone answered any and all questions I asked.

Post-trip, I have complete editorial freedom to write about what I saw and learned. And I learned a lot. So this is Part I of a two-part series. Watch for Part II.

The Past and Future of Oil and Oil Sands

The first thing that struck me about visiting

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All the factors that set the fertilizer bull market in motion in the first place are still here. Populations are still growing. Diets are shifting toward more fruits, vegetables and meats — all fertilizer intensive. As Potash CEO Bill Doyle says, “This will continue to put pressure on global grain supplies, as farmers are being challenged to produce more with land and water resources that are shrinking on a per capita basis.”

Fertilizers are a key part in meeting that challenge. And the farmers are financially in good shape to buy more. The debt-to-equity ratio for the U.S. farmer is only around 10-15%.

Overseas, farmers are subsidized directly. In India, the government picks up the tab of higher fertilizer costs. As Doyle pointed out: “With low grain stocks and low yields and 1.2 billion people, they’re not going to drop the ball. They’ll continue to support the Indian farmer.” China has also

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Potash Producers Hopeful About Rising DemandA recent study conducted by the International Fertilizer Industry Association (IFA) has suggested a possible pick-up in fertilizer demand by the second half of this year. This led most of the fertilizer giants such as Potash Corp of Saskatchewan (POT), Intrepid Potash (IPI), Terra Industries (TRA), Agrium (AGU) and CF Industries (CF) to witness a surge in their stock prices.Since late 2008, the fertilizer industry has been adversely affected by slackening demand. Lack of confidence, limited access to credit, and lower grain prices led farmers to either defer fertilizer purchases or reduce application rates. Consequently, as the study showed, fertilizer consumption fell 14% in the first half of this year.Notwithstanding, the potash cartel (accounting for ...

The resource rich Canadian Markets rebounded with a vengeance during Wednesday trading. For the tale of the tape, the TSX Exchange added 2.06%, while the TSX Gold Index climbed another 2.8% and the TSX Venture Exchange, Canada’s largest junior exploration bourse, tacked on 1.53% with the advancers edging out the decliners by a 397 to 350 margin on 151 million shares traded. Sherritt International and its partners on the Ambatovy nickel project in Madagascar have determined how to fund the $4.52 billion project. Sumitomo, Korea Resources and SNC-Lavalin have agreed to lend Sherritt its 40 per cent share of the remaining development costs. Sherritt ended the session up C$0.26 at C$5.27.

Shares of West Timmins Mining and Lake Shore Gold exploded upwards on news of an 83.4 metre drill intercept returning 12.75 grams gold per tonne on the Thunder Creek joint venture project in

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