Fertilizer Continued to Rise in Week Ended August 24



Fertilizer sector

Last week, which ended on August 24, was broadly positive for the fertilizer sector, with the VanEck Vectors Agribusiness ETF (MOO) ending 1.3% higher than the week ended August 17. This agribusiness ETF also outperformed the overall market S&P 500, which ended higher by 90 basis points. Let’s see how fertilizer stocks performed last week.

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Fertilizer stocks

Last week, from August 17–24, most fertilizer stocks in the above chart ended higher week-over-week. CVR Partners (UAN) rose 5.1% to $3.70, while CF Industries (CF) rose 5.1% to close the week at $49.90. Israel Chemicals (ICL) was right behind with a 4.4% weekly gain, closing at $5.40, and Intrepid Potash (IPI) rose 3.3% to end the week at $3.40 per share.

Among the non-gainers were Mosaic (MOS), which remained flat at $29.60, and Nutrien (NTR), which declined 1.3% to $55.20.

YTD performance

YTD (year-to-date), most fertilizer stocks in the above chart are in positive territory. Israel Chemicals has emerged as the biggest gainer with a 33.4% increase, followed by CF Industries with a 15.8% gain YTD. Mosaic rose 11.2% followed by CVR Partners, which has risen 5% so far this year. Nutrien has risen 1% YTD.

Intrepid Potash, however, was the only one with a negative YTD return of 27.2%.

In the following parts of this series, we’ll primarily see how fertilizer prices moved last week.


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