NTR on a skid !

[beaverdam]

Nutrien on a heck of a slow and steady slide. 12 month low. Lower highs and lower lows, not a good trend. Thought there'd be a bit of a lift after the preliminary deal with China, for American grains.

What causing the slide, lack of demand for Potash, or lack of demand for nitrogen?

[bucket]

Nutrien on a heck of a slow and steady slide. 12 month low. Lower highs and lower lows, not a good trend. Thought there'd be a bit of a lift after the preliminary deal with China, for American grains.

What causing the slide, lack of demand for Potash, or lack of demand for nitrogen?

Maybe the shitshow in agriculture with the farmers that pay the bills and are not making much money....

Grow more make less is sinking in.....and some of the young guys are starting to realize they are not 10 feet tall and bulletproof without the previous generations chequebook???????

[woodland]

Must’ve been us negotiating them down on their fert prices ...............😎

[macdon02]

Au contraire we have FMC, retailing Authority and various generics that needs a close over 100.5 and it'll likely see a 40% appreciation.

[beaverdam]

Au contraire we have FMC, retailing Authority and various generics that needs a close over 100.5 and it'll likely see a 40% appreciation.

wow, facing strong resistance in that $100 area, looks to have tested 8 or 9 times since Nov 11th.
Doesn't it have a better chance of retreating down to $80 than making it to $140?

[macdon02]

wow, facing strong resistance in that $100 area, looks to have tested 8 or 9 times since Nov 11th.
Doesn't it have a better chance of retreating down to $80 than making it to $140?

We will know by the end of the week. It's a if < = x, if > = y type of deal. It's aka knocking on heavens door.

[Oliver88]

NTR is free falling.

[Oliver88]

NTR at $57

[bucket]

If potash companies would reduce there price to 250 bucks a tonne for potash.....they would still be making money, moving product and keeping people employed....

Inputs that don't follow the downward trend in the grain markets are going to hurt the entire industry and economy....

But WTF do I know.

[Oliver88]

$44.
Dividend currently over 5%.

[Oliver88]

$40 now

[sumdumguy]

Commodity Crunch will eventually lead to supply shortages. Who’s going to drill, mine, grow at a loss?

[SASKFARMER]

It’s going to be a buy at 33

[sumdumguy]

$44.
Dividend currently over 5%.

Think they’ll pay their dividend March 16?

[beaverdam]

Originally Posted by macdon02
Au contraire we have FMC, retailing Authority and various generics that needs a close over 100.5 and it'll likely see a 40% appreciation.

wow, facing strong resistance in that $100 area, looks to have tested 8 or 9 times since Nov 11th.
Doesn't it have a better chance of retreating down to $80 than making it to $140?

When I checked this morning, FMC at $73.96