Hi, today we are going to talk about Potash Corporation and its current landscape.
We can expect an increase in volatility and speculation around the Canadian fertilizer company Nutrien. Since, Corn and Soybeans could (or not) give a sweet surprise for investors and U.S farmers as the Corn Belt it's poised to once more fall on Donald Trump grace, after a tough...
$NTR Yesterday indexes were weak, but this stock went up with 1.77x average volume. Today it was a follow-through day with 1.79x avg. vol. Looks like good spot for a long pos. after a double bottom pattern.
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
Nutrien Ltd. is a crop nutrient company, which produces and distributes potash, nitrogen and phosphate products for agricultural, industrial and feed manufacturers. The company was founded on June 2, 2017 and is headquartered in Saskatoon, Canada.