
Nutrien's retail crop nutrient gross margin fell about 20% to $175 million in the third quarter of 2026 on flat sales of $1.19 billion. Phosphate adjusted EBITDA fell to $8 million from $122 million because higher sulfur costs offset a higher selling price.
Nutrien also shut its Trinidad and White Springs operations and said potash volumes remained strong.
Sulfur-driven phosphate cost pressure and plant closures can tighten phosphate availability and support DAP prices. Steady potash volumes suggest potash supply and prices are not under similar pressure.
Not 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.