Concerns regarding fertilizer shipping disruptions related to the tensions in the Middle East are boosting shares of agricultural inputs names sharply higher for second consecutive session. In pre-market trading, Mosaic (MOS) is up 6.5%, CF Industries (CF) is up 6.6%, and Nutrien (NTR) is up 3.8%. Mosaic is now up 29% year-to-date, while Nutrien is up 33% and CF Industries is up 65%.
Meet Samuel – Your Personal Investing Prophet
- Start a conversation with TipRanks’ trusted, data-backed investment intelligence
- Ask Samuel about stocks, your portfolio, or the market and get instant, personalized insights in seconds
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on MOS:
- Mosaic call volume above normal and directionally bullish
- Early notable gainers among liquid option names on March 11th
- Iran Conflict Sends Fertilizer Prices Higher, Raising Cost Risks for Tyson, Hormel, and Food Stocks
- DOJ probing U.S. fertilizer market for price fixing, Bloomberg reports
- DOJ investigating possible price fixing in fertilizer market, Bloomberg reports