Two local ag retailers land state grant funds

Nutrien Ltd.'s shares have risen 17.2% in the past month, outperforming the Zacks Fertilizers industry. The company reported strong fertilizer market fundamentals, higher potash and nitrogen prices, and improved cost efficiency. Nutrien raised its potash sales guidance to 14.2-14.8 million tons for the year, with record first-half sales of 7.45 million tons. The company also expects sustained demand for nitrogen and proprietary product growth, with adjusted EBITDA guidance of $1.75-$1.95 billion

Nutrien Ltd. (NTR) reports record potash volumes and higher fertilizer prices, driving a 36.8% stock gain over a year. The company benefits from strong nitrogen fundamentals and proprietary product growth, but faces challenges from elevated sulfur costs and constrained nitrogen volumes. Management raised potash sales guidance and lowered capital expenditure forecasts. NTR's Retail business sees higher margins, but weaker crop nutrient volumes limit earnings growth. The stock is rated 'Hold' by Z

The U.S. Department of Justice is investigating leading fertilizer producers, including Nutrien, Mosaic, CF Industries, Koch, and Yara, for potential antitrust violations. Iowa Corn Growers Association President Mark Mueller cites industry consolidation and high prices as concerns. Farmers argue that fewer suppliers have not led to promised cost savings. The investigation is in early stages, with no accusations made. Farmers seek greater transparency in pricing.

Nutrien (NTR) held its Q2 2026 earnings call. Adjusted EBITDA was $2.43B in Q2, down 2% year over year, while potash sales volumes were 3.9M tonnes. Capital expenditures guidance was lowered to $1.95B to $2.05B. 2026 potash volume guidance was raised to 14.2M to 14.8M tonnes, and share repurchases increased to $75M per month.

Nutrien’s CEO Ken Seitz said the company used automation to mine 53% of ore tons in the first half, exceeding its 2024 target range. Nutrien maintained 2026 potash shipment guidance of 74-77 million tons and 2026 nitrogen sales-volume guidance of 9.2-9.7 million tons. Q2 nitrogen adjusted EBITDA was $635 million. The company cut 2026 capex guidance to $1.95B-$2.05B and raised share repurchases to about $75M/month.

Nutrien Ltd. (NTR) furnished an SEC Form 6-K — earnings release. Exhibit 99.1 News Release TSX, NYSE: NTR August 5, 2026 – all amounts are in US dollars, except as otherwise noted Nutrien Reports Second Quarter 2026 Results First half results demonstrate continued operational excellence and strong financial performance Raised Potash sales volu