Fertilizer Price Update: Week Ended December 15



Sector performance

For the week ended December 15, 2017, the VanEck Vectors Agribusiness ETF (MOO) ended the week higher by 25 basis points, while the S&P 500 Index (SPY) rose 38 basis points. Let’s look at how some of the fertilizer stocks performed last week.

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Weekly performance

Last week, seven of the eight stocks in the above chart ended the week higher. Mosaic (MOS) emerged as the top gainer with a week-over-week gain of 5.5% to close at $24.90. CF Industries (CF) followed with a weekly gain of 4.7%, closing at $41.1. Agrium (AGU) rose 3.8% and closed at $110.10, and PotashCorp (POT) rose 3.8% to close at $19.60 on December 15, 2017.

For more information about some of these stocks, be sure to read our series The Agriculture Industry: Our Top 4 Dividend Stocks.

Terra Nitrogen (TNH), which closed at $82 last week, delivered a weekly gain of 2.2%. Intrepid Potash (IPI) rose 1.1% and closed at $3.70, followed by Israel Chemicals (ICL), which rose 1% to close at $4.10.

In contrast to the above seven stocks, CVR Partners (UAN) ended the week in negative territory, falling 5.4% week-over-week to $3.50. Now let’s see how these stocks have performed YTD (year-to-date).

YTD performance

YTD, Intrepid Potash continues to be the top gainer among the above stocks, rising 79.8% in the week ended December 15, 2017. CF Industries followed with a gain of 29%. Agrium was next with a YTD gain of 9.9%, followed by PotashCorp, which rose 8.3% over the same period.

The remaining four companies delivered YTD losses, with CVR Partners falling 44.5% and Terra Nitrogen falling 22%. Mosaic fell 15.6%, and Israel Chemicals fell 49 basis points.

Let’s compare the above performances with the benchmark indexes. The VanEck Vectors Agribusiness ETF has risen 18.6% YTD, and the S&P 500 Index has risen 18.3% YTD.

Series overview

In this weekly series, we’ll look at the weekly movements for key fertilizers, including nitrogen, phosphate, and potassium.


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