HomeBusinessChemical Industry & Commodity Stock NewsHow Agriculture Prices Impact Chemical Stocks

How Agriculture Prices Impact Chemical Stocks

"Nutrient prices will likely ease in 2023, but remain elevated and highly profitable. Grain demand rarely declines. Chemical stocks earnings forecasts and fertilizer prices are tied to affordability. There are risks but the reversal of the current situation may be gradual, not seismic," says Charles Neivert. Piper Sandler has an overweight rating and a $132 price target on the CF Industries (CF) stock. Piper Sandler also has an overweight rating on the Mosaic (MOS) stock.

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08 Aug 2022

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