X
<

Fertilizer Price Update for the Week Ending June 16

PART:
1 2 3 4 5 6 7
Fertilizer Price Update for the Week Ending June 16 PART 1 OF 7

Fertilizer Price Update for the Week Ending June 16

Sector performance

Last week was broadly negative for fertilizer companies—six out of eight companies below ended the week in negative territory. The VanEck Vectors Agribusiness ETF (MOO), which uses a passive investment strategy to replicate investment in an agribusiness index, rose by 43 basis points last week. However, the S&P 500 Index (SPY) fell by ~30 basis points last week.

Fertilizer Price Update for the Week Ending June 16

Interested in AGU? Don't miss the next report.

Receive e-mail alerts for new research on AGU

Success! You are now receiving e-mail alerts for new research. A temporary password for your new Market Realist account has been sent to your e-mail address.

Success! has been added to your Ticker Alerts.

Success! has been added to your Ticker Alerts. Subscriptions can be managed in your user profile.

Weekly performance

In the week ending June 16, Intrepid Potash (IPI) emerged as the top loser—its stock fell 5.6% to $2.19 followed by Mosaic (MOS), which fell 3.6% to $23.5 per share. PotashCorp (POT) stock fell by 59 basis points to $16.5, while CVR Partners (UAN) fell by 26 basis points. Israel Chemicals (ICL) fell by 23 basis points to $4.3, while Agrium (AGU) fell by 14 basis points to $91.5 per share.

Two fertilizer stocks ended last week in positive territory—Terra Nitrogen (TNH) rose 2.8% and closed at $90.9, while CF Industries (CF) rose by 80 basis points to $27.8 per share.

Fertilizer Price Update for the Week Ending June 16

YTD performance

YTD (year-to-date), CVR Partners continues to be the top loser with losses of 39%. Mosaic has losses of 23% YTD, while Terra Nitrogen has losses of 19.1% YTD. Israel Chemicals continues to lead among the above companies with a YTD gain of 7.3% followed by Intrepid Potash with a gain of 4.8% YTD.

Series overview

In this weekly series, we’ll discuss price movements for NPK (nitrogen, phosphorous, and potassium) fertilizers—key to the fertilizer companies’ success.

X

Please select a profession that best describes you: