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Nutrien’s third-quarter adjusted EBITDA fell year over year, reflecting lower retail fertilizer sales volumes and higher phosphate operating costs. Its shares rose 2% as investors responded to a favorable near-term outlook for nitrogen and potash; the article also notes that recent nitrogen-price declines prompted a lower 2026 average price forecast.
Expectations for resilient nitrogen and potash pricing may support fertilizer supply economics, while lower nitrogen forecasts point to some easing in input costs for crop producers. A potential restart of Middle Eastern gas and fertilizer capacity would take time, limiting any immediate supply response.
global.morningstar.comSeth Goldstein, CFANov 5, 2026Not 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.
