Trump Says U.S. Working on Cheaper Potash Deal With Belarus as Fertilizer Stocks Fall
CF, Nutrien slip as investors weigh extra supply risk.
CF, Nutrien slip as investors weigh extra supply risk.
Ongoing conflicts in the Middle East are disrupting fertilizer shipments through key routes like the Strait of Hormuz, pushing up prices and boosting shares of major agricultural and chemical companies for the second day in a row.
U.S. Justice Department probes Nutrien, Mosaic, CF Industries, Koch & Yara over potential antitrust violations driving up fertilizer prices for farmers. Early-stage inquiry highlights market concentration concerns.