2022's droughts and the Ukraine War put a lot of the world's food supply into question. Food commodity futures had a pretty bullish year. Since we're in mid-February and Western Hemisphere growing season is right upon us, fertilizer stocks are really worth paying attention to.
Food scarcity is an even bigger issue with the Wuhan Pneumonia pandemic smashing Xi...
Posted a while back on NTR , long idea with JUN 80 calls following a whale buyer.
This stock continues to grind higher and beautiful chart IMO with healthy consolidation periods before each continuous move higher.
I'm bullish as long as she holds the 20MA (black line)
Will be looking to take some profits at target 85$ by rolling out the $80 calls to a higher...
NTR Nutrien Ltd. box breakout. Blue skies it's time to buy
I like this idea, because it already broke out then retested , followed by strong confirmation today.
$64 stop less set. NOV / DEC 70C also as an idea.
With prices for corn futures, wheat and soybeans on fire, the prospects for fertilizer companies like Nutrien have never been better. The stock trades at only 1.4x book value and pays a 3.5% dividend yield. Earnings surprises (like the prior two quarters) are likely to continue.
The promise of better weather this growing season (Farmer's Almanac) than terrible 2019, Locusts in Africa destroying crops and possible higher demand in China for agricultural products should improve sales for nutrients. Canada has the 2nd largest reserves of Potash in the world, and is the leader in terms of global production. One advantage for the price of...
Buy signal at 30.25 $
Timeframe - 1 week.
Sociedad Quimica y Minera de Chile S.A. (SQM), is a producer of potassium nitrate and iodine. The Company produces specialty plant nutrients, iodine derivatives, lithium and its derivatives, potassium chloride, potassium sulfate and certain industrial chemicals.
It's interesting for me due to mining of Lithium. Which is...
TSX:NTR
Weekly
Rough 2019 for Potash and hence Nutrien
Downtrend in RSI & Price for most of 2019 and touching support
****
Nutrien's 2020 guidance is positive, but I am skeptical because....
Unpredictable weather is starting to become common and in 2019 it was
For example, corn farmers in the US farm belt received so...
Agrium and Potash Corp merger; savings (selling lithium assets in chile)
promised a 3,5% dividend
Potash at low price $230 ton which will rise over time with the worlds population growth
Could be one to happily take the dividend and acquire more if price goes down.
Could benefit from a falling dollar)
And that commodity prices rise at the end of a business cycle
