X
<

Fertilizer Stocks Are Gaining, but What about Prices?

PART:
1 2 3 4 5 6 7
Fertilizer Stocks Are Gaining, but What about Prices? PART 1 OF 7

Inside Fertilizer Stocks, Prices: Your 2017 Overview

Sector performance

The week ending July 14, 2017, was positive overall for agricultural fertilizer stocks. The VanEck Vectors Agribusiness ETF (MOO) rose 1.5% during the week, while the S&P 500 (SPY) rose 1.3%.

We’re in the earnings season now, and PotashCorp (POT) will be the first in the sector to report its earnings on July 27. After checking out this series, you might also be interested in Agribusiness Stocks: Wall Street Views before July Earnings.

Inside Fertilizer Stocks, Prices: Your 2017 Overview

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

Receive e-mail alerts for new research on IPI

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

Of the eight stocks in the above chart, six ended last week (ended July 14) in positive territory. CVR Partners (UAN) has emerged as the top gainer, rising 3.93% to $3.7 per share. Interestingly, Intrepid Potash (IPI), which declined all last year, gained 3.78% last week to close at $2.74 per share.

PotashCorp (POT) rose 3.14% to $17.7 per share, while Agrium (AGU) rose 2.99% to $98.5 per share. Israel Chemicals  (ICL) rose 2.76% to $4.8 per share, followed by Terra Nitrogen (TNH), which rose 0.93% to $87.7 per share.

By contrast, Mosaic (MOS) fell 0.33% to $23.7 per share and CF Industries (CF) fell 0.77% to $29.5 per share.

Inside Fertilizer Stocks, Prices: Your 2017 Overview

YTD Performance

YTD (year-to-date), Intrepid Potash has emerged as the top gainer, with its stock rising 31.7% YTD, surpassing Israel Chemicals, which has gained 18% over the same period. CVR Partners is the biggest loser so far, with its stock falling 41.6% YTD, followed by Mosaic, which has fallen 19.7% YTD.

Except for Intrepid Potash and Israel Chemicals, the remaining fertilizer stocks in the above chart have delivered losses to investors on a YTD basis. The VanEck Vectors Agribusiness has returned 9.2% YTD, while the S&P 500 Index, which has returned 9%.

In this series, we’ll cover the weekly and yearly movements of the fertilizer prices that drive the earnings of the above stocks.

Continue to the next part for a closer look at granular urea prices.

X

Please select a profession that best describes you: