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Which Agricultural Stock is a Better Buy? -Breaking

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© Reuters. Nutrien vs. CF Industries – Which Agricultural Stock Is a Better Investment?

The demand for fertilizers is driven by rising energy and food prices and supply chain limitations. Rising prices for crop nutrients and fertilizers have forced economies to take active measures to cut exports, and instead focus on domestic demand. Therefore, Nutrien The robust market demand will likely benefit CF Industries and (NYSE,:) CF Industries. What stock do you think is the best buy? Find out more. Nutrien Ltd., (NYSE:), and CF Industries Holdings, Inc., (NYSE:) have been prominent players in global agriculture inputs market. NTR is a Canada-based provider of crop inputs and services, operating through four segments — Retail Ag Solutions; Potash; Nitrogen; and Phosphate. NTR distributes crop nutrients and crop protection products as well as seeds through more than 2,000 retail stores. CF, on the other hand manufactures and distributes nitrogen and hydrogen products for clean energy and fertilizer. The main customers of the company are cooperatives, independent fertilizer distributors traders wholesalers industrial users.

Inflation and tight supply chains have caused commodity and food prices to rise in recent years. The rising consumption of festive season goods and services has driven the need for crop nutrients and fertilizers to increase crop quality. But, crop nutrients have been negatively affected by the rising price of fertilizers (a critical ingredient for making nitrogen-based fertilizers). Companies are likely to see better returns as a result of rising fertilizer prices, supply shortages and countries stopping exporting crop nutrients in order to meet domestic demand. By 2028, the global fertilizer market will grow by 5% to reach $323.38 million. NTR and CF both should be able to benefit.

NTR’s price has risen 37% over the last year while CF is up 55.3%. CF is a clear winner with 30.3% gains versus NTR’s 10.4% in terms of their past three months’ performance. Which stock is better right now? Let’s find out.

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