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Nutrien Increases 2026 Potash Sales Volume Guidance To 14.2M-14.8M Tonnes; Lowers 2026 Capital Expenditures Guidance To $1.95B-$2.05B; 2026 Phosphate Sales Volume Guidance Of 2.4M To 2.6M Tonnes Reflects Benefits Of Reliability Improvement Initiatives Completed In 2025; Remain On Track To Solidify The Optimal Path For Our Phosphate Business, Trinidad Nitrogen Facility And Brazilian Retail Business In 2026
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- Aug 5, 2026, 11:13 PM
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Shares of fertilizer companies are trading higher as fading expectations for further U.S.-Iran negotiations to allow free maritime transport through the Strait of Hormuz mean that shortages of potash and nitrogen fertilizer may persist for longer.
Read original at benzingaBarclays Maintains Overweight on Nutrien, Lowers Price Target to $78
Barclays analyst Benjamin Theurer maintains Nutrien (NYSE:NTR) with a Overweight and lowers the price target from $81 to $78.
Read original at benzingaShares of fertilizer companies are trading higher as slow U.S.-Iran negotiations and reports suggesting that the Iranian government will try to wait out President Trump's term to strike a deal mean that bottlenecking of potash and nitrogen cargoes may continue with limited Strait of Hormuz marine transport.
Read original at benzinga