22 Nov

Latest Update on Fertilizer Price Movements


Sector performance

In the week ending November 17, 2017, the VanEck Vectors Agribusiness ETF (MOO) ended the week slightly higher by 10 basis points, while the S&P 500 Index (SPY) fell by 18 basis points during the same period. Most of the agricultural fertilizer stocks also ended the week in negative territory.

Latest Update on Fertilizer Price Movements

Stock performance

Last week, most of the fertilizer stocks in the above chart ended the week lower. Intrepid Potash (IPI) emerged as the biggest loser with its stock falling as much as 10.6% to $3.6. Terra Nitrogen (TNH) fell 5.8% and closed at $81.2. CF Industries (CF) fell 5.1% to $35.8, while Israel Chemicals (ICL) fell 3% to $3.9.

The remaining four stocks were CVR Partners (UAN) with a fall of 1.6% to $3.1, Mosaic (MOS) with a fall of 1.5% to $23, and PotashCorp (POT) with a fall by 10 basis points to $19.1.

Among the above stocks, Agrium (AGU) was the only stock that ended higher. It rose by 22 basis points at $106.8.

To compare how some of these companies performed in 3Q17, read Comparative Analysis of Fertilizer Companies’ 3Q17 Earnings.

Latest Update on Fertilizer Price Movements

YTD performance

So far this year, most of the stocks we looked at above have underperformed the S&P 500 Index and the VanEck Vectors Agribusiness ETF. The S&P 500 Index has returned 14.7% YTD (year-to-date), while the Agribusiness ETF (MOO) has returned 16.1%.

Among the companies in the above chart, CVR Partners has emerged as the top loser YTD. Its stock has fallen as much as 51%. Terra Nitrogen has fallen 22.6%, while Mosaic has fallen 22% YTD. Israel Chemicals was also in negative territory last week with a loss of 4.2% YTD.

Intrepid Potash was the top gainer YTD with a gain of 71%. CF Industries returned 12.3%, Agrium returned 6.6%, and PotashCorp returned 5.2%.

Series overview

Fertilizer prices are the driving force behind the performance of the above companies. In this series, we’ll discuss the fertilizer price movements for the week ending November 17.

Latest articles

21 May

Trump’s Huawei Ban Pulls Down US Chip Stocks

WRITTEN BY Scarlett Ness

Last week, Donald Trump blacklisted Chinese telecom giant Huawei Technologies amid rising US-China trade tensions.

21 May

Snap Is Making Up for Last Year


This year has been a great one for Snapchat parent Snap (SNAP), and its stock has nearly doubled.

Coca-Cola (KO) will offer a limited edition of its of New Coke cans beginning May 23 as part of its partnership with Netflix’s (NFLX) show Stranger Things.

21 May

Why Clorox Stock Is Underperforming Peers

WRITTEN BY Adrian Stevens

Clorox stock (CLX) is down about 8% since the company posted its third quarter of fiscal 2019 earnings on May 1.

21 May

What JD Is Set to Get from Its Xinning Deal

WRITTEN BY Rachel Gunter

JD.com (JD) recently invested ~$55 million in purchase a ~10% stake in Jiangsu Xinning Modern Logistics, a Chinese logistics company focusing on the consumer electronics supply chain.

Today, the US stock market was on a path of recovery after starting the week on a bearish note yesterday.