Nitrogen Price Spike Bolsters CF, Nutrien Outlook; Mosaic Struggles Amid Portfolio Mix
A sharp rise in nitrogen prices, linked to disruptions in Middle Eastern natural gas flows, is expected to boost earnings for nitrogen-focused fertilizer producers CF Industries and Nutrien. Analysts estimate combined first-quarter net income for the two at roughly $619 million, up from $388 million a year earlier. Mosaic, which relies more on phos…