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Nutrien and CF Industries reported disappointing quarterly earnings as farmers delayed fertilizer purchases at high prices. Fertilizer prices are falling from multi-year highs, creating gluts, though CF sees better nitrogen demand than potash demand.
Falling fertilizer prices and delayed farmer buying point to weaker potash prices in the near term, while nitrogen holds up better.
financialpost.comBloomberg NewsNov 2, 2022Not enough comparable past events yet for a historical read.
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.
