Food Revolution: Fertilizer Prices Likely To Remain High For Long
Fertilizer names are currently a source of relative resilience in our Food Revolution portfolio as they ride an exceptional environment (strong farming demand, major supply disruptions) to deliver impressive quarterly figures and/or guidance. Nutrien and CF Industries just reported +64% and +173% Q1 revenue growth, respectively, and EBITDA up 3x or 4x the level achieved…