Nutrien reported third-quarter earnings of 61 cents per share, below analysts’ expectation of 80 cents, amid production challenges in nitrogen fertilizers and higher costs. The article says nitrogen sales are weakening as high natural gas and sulfur prices weigh on producers, while global potash demand remains strong.
Strong potash demand is supportive of potash prices, while elevated input costs and production cuts may tighten fertilizer supply. Farmers delaying nitrogen purchases could reduce near-term demand, with possible consequences for crop yields.
Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
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