
Nutrien reported fourth-quarter 2023 net earnings of $176 million ($0.35 per diluted share) and adjusted EBITDA of $1.1 billion. For full-year 2023 it posted net earnings of $1.3 billion and adjusted EBITDA of $6.1 billion, down from record 2022 levels.
The company expects higher fertilizer sales volumes and Retail earnings in 2024.
Strong North American fertilizer affordability and demand point to firm input costs for feed producers' crop inputs, though this is a company earnings report rather than a direct grain or feed price driver.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.