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.

CF Industries & Partners Break Ground on Low-Carbon Ammonia Plant

CF Industries, JERA Co., and Mitsui & Co. have begun construction of Blue Point One, a $3.7 billion low-carbon ammonia plant in Louisiana. The facility will produce 1.4 million metric tons annually and capture approximately 98% of CO2 emissions, with production expected to begin in 2029. CF Industries holds a 40% stake in the joint venture.

Secretary Brooke Rollins Posts On X "BIG DAY AHEAD FOR AMERICAN FERTILIZER. Headed to Louisiana, where we will break ground on two major projects bringing critical fertilizer production back to American soil. More American investment. More American production. Lower costs and stronger supply chains for American farmers. Stay tuned."

Bessent's Bond Rescue Fizzles, Walmart Craters 9%: Stock Market Today

Long-end Treasury yields snapped back toward 20-month highs; Walmart posted its worst session in four years.

UBS Maintains Sell on Intrepid Potash, Raises Price Target to $29

UBS analyst Lucas Beaumont maintains Intrepid Potash (NYSE:IPI) with a Sell and raises the price target from $26 to $29.

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.

Mosaic Executive Says Brazil Fertilizer Industry Seeks 2 Billion-Real Subsidy Program To Ease Impact Of Iran War

- Reuters