Belarus’ President Lukashenko has proposed a coordinated 10% potash production cut with Russian producers, aiming to boost prices and counter economic pressures. This move could significantly impact the global fertilizer market, benefiting major producers like Mosaic and Nutrien.
Nutrien Ltd. (NTR) stock is exhibiting high implied volatility in the options market, suggesting investors anticipate a significant price movement. While this could indicate a potential rally or sell-off, analysts have recently revised earnings estimates downward, raising concerns about the company’s fundamentals.
