|Bid||67.770 x 700|
|Ask||68.020 x 900|
|Day's Range||67.730 - 68.110|
|52 Week Range||54.510 - 68.490|
|PE Ratio (TTM)||N/A|
|Expense Ratio (net)||0.48%|
FMC (FMC) reported its earnings on November 6, 2017. It reported an EPS (earnings per share) of $0.7, which beat analysts' estimate of $0.63 per share.
For Mosaic, the Phosphate segment's shipments suffered the most. The segment fell as much as 17% YoY to 2.1 million tons from 2.5 million tons.
In the week ending September 22, DAP (diammonium phosphate) prices experienced an impressive increase week-over-week.
DAP prices in the Central Florida region rose as much as 4.2% week-over-week to $312 per metric ton from $299 per metric ton a week ago.
Over the past ten-year period, Agrium has risen 148.3% and significantly outperformed the S&P 500 Index's rise of 69.2% over the same period.
DAP prices remained muted in recent months and last week wasn't an exception. Last week, overall DAP prices were broadly flat to negative.
DAP (diammonium phosphate) prices for the week ending August 18 were broadly mixed. So far, phosphate prices have had a subdued run this year.
Monsanto (MON) stock continues to deliver a favorable performance among other agribusiness stocks (XLB) so far this year. It has risen 11.0% YTD.
Calendar 2Q17 remained subdued for the nitrogen fertilizer pricing environment. Cheap energy costs have driven capacity buildups and flattened the cost curve.
In the earlier part of this series, we discussed how Agrium's (AGU) shipments remained almost unchanged year-over-year yet the company's sales saw a decline during the quarter.
MAP (monoammonium phosphate) prices in recent weeks have fallen from their peak of $400 in March 2017 and there are no signs of them stopping.
DuPont's (DD) Protection Solutions segment accounted for 10.80% of DuPont's overall revenue in 2Q17—compared to 11.10% in 2Q16.
Wall Street analysts expect CF Industries to report $312 million in adjusted EBITDA (earnings before interest, tax, depreciation, and amortization) in 2Q17.
Earlier in this series, we saw how Mosaic's (MOS) top line is expected to grow in 2Q17 and how the top-line growth translates into margin growth for the company.
Last week, the Fertilizer Affordability Index, which depicts the relationship between crop and fertilizer prices in a single ratio, showed a week-over-week fall.
Realized prices for fertilizer companies are the main culprit for the dismal performances among companies in the agricultural fertilizer sector.
Urea prices have fallen YTD (year-to-date) as of June 23, 2017. They're now trading even lower than the levels they saw in the corresponding week in 2016.
Most of the world's potash reserves are concentrated in Canada and Russia. PotashCorp (POT) in North America is one of the largest and lowest-cost producers of potash fertilizers.
For the upcoming 3Q17, Wall Street analysts are estimating that Monsanto's EBITDA will be $1.3 billion compared to $1.5 billion in 3Q16.