Shares 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.

Shares of fertilizer companies are trading lower after Iran's Foreign Minister confirmed that Iran has submitted to the U.S. a seven-day plan to reopen the Strait of Hormuz and start discussions on Iran's nuclear program, which may lead to an export rebound from the region and pressure market prices.

This Tower Semiconductor Analyst Begins Coverage On A Bullish Note; Here Are Top 5 Initiations For Friday

Analysts initiated bullish coverage on TSEM, PGEN, SPTX, PDFS and CF, setting targets of $300, $12, $46, $60 and $162.

Bernstein Initiates Coverage On CF Industries Holdings with Outperform Rating, Announces Price Target of $162

Bernstein analyst James Hooper initiates coverage on CF Industries Holdings (NYSE:CF) with a Outperform rating and announces Price Target of $162.

Trump Says US Negotiating ‘Massive’ Belarus Potash Deal Amid Trade Tussle With Canada, Putin Ally Cites Shortage: ‘We Simply Do Not Have…’

Trump touts a massive Belarus potash deal at lower prices than Canada, but Lukashenko says no supply is available.

Reported September 21, Belarus President Lukashenko Says Country Doesn't Have Potash Volumes To Supply The U.S. Due To Contracts Already In Place

https://president.gov.by/en/events/doklad-predsedatela-gosudarstvennogo-tamozennogo-komiteta-vladimira-orlovskogo-1789992532

President Trump, On Social Media, Says U.S. Working On Massive Deal Towards Purchase Of Potash From Belarus; The Pricing Would Be For Substantially Less Than We Are Currently Paying To Canada

https://truthsocial.com/@realDonaldTrump/posts/117309573610238654