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Nutrien reported third-quarter net earnings of US$288 million, down 39% from a year earlier, and missed analyst projections. Phosphate cost of goods rose 29% on higher sulphur costs, linked to Strait of Hormuz constraints.
The company also closed its Trinidad nitrogen operations indefinitely and plans to shutter its White Springs phosphate facility in 2027.
Sulphur-driven phosphate cost pressure and nitrogen capacity closures tighten fertilizer supply, which supports phosphate and nitrogen prices and raises costs for feed and crop producers.
theglobeandmail.comKate HelmoreNov 4, 2026Not 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.
