Latest news with #fertilizer
Bloomberg
7 hours ago
- Business
- Bloomberg
Colombia, Venezuela Begin Talks on Sale of Sanctioned Fertilizer
Talks to set a price for Venezuela's state-owned fertilizer plant Monómeros begin in Colombia today. Officials from both countries are meeting as Venezuela seeks to sell Monómeros Colombo Venezolanos, a key supplier of fertilizer to Colombian farmers. The company is under US sanctions, and any sale will require Treasury approval.
CTV News
5 days ago
- General
- CTV News
Residents, visitors not phased by blue-green algae advisory at Pigeon Lake
Twelve municipalities surrounding Alberta's Pigeon Lake are trying to minimise phosphorus exposure in the lake by banning fertilizer. Nav Sangha reports.
CTV News
5 days ago
- General
- CTV News
Alberta municipalities trying to prevent blue-green algae by banning fertilizer
Edmonton Watch Twelve municipalities surrounding Alberta's Pigeon Lake are trying to minimise phosphorus exposure in the lake by banning fertilizer. CTV News Edmonton's Nav Sangha has the details.
New York Times
6 days ago
- Business
- New York Times
Tariffs on Russia Could Hurt Wary U.S. Farmers
American farmers are bracing for another blow should President Trump proceed with his plan to impose steep tariffs on goods imported from Russia, raising the price of a key ingredient in crop production. The United States imported $1.3 billion worth of fertilizer — mostly in the form of urea and urea ammonium nitrate — from Russia last year and is on a pace to bring in even more this year. Farmers of row crops like corn and soybeans, the biggest users of fertilizer, are already dealing with low sales prices and cannot afford rising input costs or a slowdown in supply. Mr. Trump threatened this week to levy a 100 percent tariff against Russia, as well as high tariffs against countries that do business with Russia, if there isn't a cease-fire in the war in Ukraine within 50 days. It was not clear whether fertilizer would be exempted or not, or whether Russia would face tariffs, additional sanctions or a combination of the two. 'We already know these companies that are either importing fertilizer or otherwise in the stream, they are building in the potential for disaster into the cost already,' Rob Larew, the president of the National Farmers Union, said in an interview. He said he worried that rising costs would force farmers to give up farming and sell their land. Most farmers use fertilizers that contain one of three main elements: phosphorus, potassium and nitrogen. Russia exports of urea and urea ammonium nitrate supply nitrogen, while potash is a source of potassium. Urea ammonium nitrate imports are under the most threat, said Allan Pickett, the head of fertilizer analysis at S&P Capital's agribusiness unit, since the United States imports 46 percent of that type of compound from Russia. Want all of The Times? Subscribe.
Yahoo
6 days ago
- Business
- Yahoo
CF Industries' Q2 2025 Earnings: What to Expect
Valued at a market cap of $15.7 billion, CF Industries Holdings, Inc. (CF) is a leading global producer of hydrogen and nitrogen products, primarily ammonia, granular urea, UAN, and ammonium nitrate, used as fertilizer, in emissions control, and various industrial applications. Headquartered in Northbrook, Illinois, and founded in 1946, CF operates nine manufacturing complexes across the U.S., Canada, and the U.K., and owns the world's largest ammonia production network CF is all geared to announce its Q2 earnings for 2025 after the market closes on Wednesday, Aug. 6. Ahead of this event, analysts expect this agricultural inputs company to report a profit of $2.24 per share, down 2.6% from $2.30 per share in the year-ago quarter. The company has exceeded Wall Street's earnings estimates in each of the last four quarters. More News from Barchart Insider Trading Alert: Here's Who Bought Nvidia and AMD Stock Before the U.S. Chip Deal with China Dear Tesla Stock Fans, Mark Your Calendars for July 23 As QuantumScape Hits New 2025 Highs, Should You Buy, Sell, or Hold QS Stock? Tired of missing midday reversals? The FREE Barchart Brief newsletter keeps you in the know. Sign up now! For fiscal 2025, analysts expect CF to report a profit of $6.83 per share, up 1.3% from $6.74 in fiscal 2024. Shares of CF have climbed 26% over the past year, significantly outpacing the S&P 500 Index's ($SPX) 12.7% gain and the Materials Select Sector SPDR Fund's (XLB) 5.8% fall over the same time period. CF reported strong Q1 results on May 7, and its shares rose marginally in the following trading session. Revenue climbed 13.1% year-over-year to $1.7 billion, beating consensus estimates by 9.2%. Net income per share surged 79.6% to $1.85, exceeding forecasts by 25.9%, thanks to a substantial 660 basis-point expansion in gross profit margin. Wall Street analysts are skeptical about CF's stock, with a "Hold" rating overall. Among 16 analysts covering the stock, three recommend "Strong Buy," 12 indicate 'Hold,' and one suggests a 'Strong Sell' rating. While CF currently trades above its mean price target for CF of $88.67, its Street-high target of $105 indicates a 14.2% potential upside from the current levels. On the date of publication, Kritika Sarmah did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. This article was originally published on
