# Nutrien Retail Nutrient Margins Fall as Phosphate Slumps

> 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.

- Date: 2026-11-11 · published 2026-11-12T00:12:57.885Z
- Category: market · region North America · magnitude low
- Page: https://feedsoft.ai/events/94414-nutrien-retail-nutrient-margins-fall-as-phosphate-slumps
- Commodities: [DAP](https://feedsoft.ai/c/DAP.md), [Potash (KCl)](https://feedsoft.ai/c/POTASH.md)

## Why it matters

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.

## Read by commodity

- DAP: bullish ▲
- POTASH: neutral

## Sources

- strategicrevenueinsights.com: https://www.strategicrevenueinsights.com/press-releases/nutrien-retail-nutrient-margins-fall-as-crop-nutrition-heads-to-311-64-billion

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.