CALGARY, Alberta -- Agrium Inc. (TSX and NYSE: AGU) announced today net earnings of $30-million ($0.19 diluted earnings per share) for the fourth quarter of 2009, compared with the net earnings of $124- million in the fourth quarter of 2008 ($0.79 diluted earnings per share). On an annual basis, 2009 net earnings were $366-million ($2.33 diluted earnings per share) as compared to net earnings of $1.3-billion ($8.34 diluted earnings per share) in 2008.