Fertilizer stocks fall after US-Iran ceasefire

Nutrien

08/04/2026 09:48

** Fertilizer shares drop premarket, among the few laggards, after U.S. President Donald Trump agreed to a two-week ceasefire with Iran

** CF Industries CF.N slides 8.2%, Mosaic MOS.N falls 2.8% and U.S.-listed shares of Nutrien NTR.N dip 3.2%

** That contrasts with a broad rally in U.S. stocks; S&P 500 futures up 2.5% .N

** Urea prices soared in recent weeks amid supply disruption stemming from the closure of the Strait of Hormuz due to heightened tensions in the Middle East

** Fertilizer companies benefit from higher prices of urea, a major component of some fertilizers

** Up to last close, shares of CF have soared 73% YTD, MOS 9.5%, NTR ~62% while S&P 500 Fertilizers & Agricultural Chemicals .SPLRCCHFA had gained 54.4%

 (Reporting by Medha Singh)