3 Fertilizer Stocks to Watch Amid Industry Headwinds
CFCF(CF) Zacks Investment Research·2024-03-19 21:06

The Zacks Fertilizers industry is reeling under the effects of weaker fertilizer prices on demand softness as growers have reduced application rates partly due to affordability issues. An uptick in the cost of key raw materials partly due to the Russia-Ukraine war has also put pressure on the margins of companies in this space. However, supportive global agricultural fundamentals and healthy farm economics augur well for the industry. Fertilizer players such as CF Industries Holdings, Inc. (CF) , ICL Group ...