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Fertilizer Stocks and Prices in the Week Ending September 21

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Fertilizer sector

The week ending September 21 was broadly positive for the fertilizer sector. The VanEck Vectors Agribusiness ETF (MOO) rose 2.3% from the week ending September 14. The overall market S&P 500 Index rose by 40 basis points. Let’s look at how some of the major fertilizer stocks performed last week.

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Fertilizer Stocks

In the above chart, Intrepid Potash (IPI) emerged as the top gainer and rose as much as 10.5% week-over-week to $3.7. Israel Chemicals (ICL) had a weekly gain of 8.2% week-over-week to $6.2. Mosaic (MOS) followed with a 5% weekly gain and closed the week at $32.3. CF Industries (CF) and CVR Partners (UAN) both gained 2.4% during the week and closed at $52.8 and $3.8, respectively. Nutrien (NTR) was at the bottom but still managed to gain ~2.3% week-over-week to $57.3 per share. Let’s look at how these stocks have performed YTD (year-to-date) and how they compare to the benchmark indexes.

YTD returns

As you can see in the above chart, Israel Chemicals has dominated other fertilizer stocks in 2018 with a 52% gain. CF Industries (CF) has gained 22.4%, while Mosaic has gained 21.3%. CVR Partners has also been in positive territory with a 7.1% YTD gains, while Nutrien has increased 4.6%. While Intrepid Potash gained last week, it’s still in the negative territory with a loss of 21.4% YTD. MOO has gained 5.8%, while the S&P 500 has gained 8.6% YTD.

Next, we’ll discuss fertilizer price movements.

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