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Nutrien Ltd NTR


Primary Symbol: T.NTR

Nutrien Ltd. is a Canada-based provider of crop inputs and services. The Company operates a network of production, distribution and ag retail facilities to serve the needs of growers. The Company operates through four segments: Nutrien Ag Solutions (Retail), Potash, Nitrogen and Phosphate. The Retail segment distributes crop nutrients, crop protection products, seed and merchandise. Its Retail provides services directly to growers through a network of farm centers in North America, South America and Australia. Its retail operations serve growers in seven countries across three continents. The Potash, Nitrogen and Phosphate segments are differentiated by the chemical nutrients contained in the products that each produces. The Company produces and distributes about 26 million tons of potash, nitrogen, and phosphate products for global agricultural, industrial, and feed customers. The Company’s agriculture retail network services over 500,000 grower accounts worldwide.


TSX:NTR - Post by User

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Post by Indicatoron Aug 29, 2024 8:19pm
1010 Views
Post# 36202133

"Nutrien retreats in Brazil after mishaps"

"Nutrien retreats in Brazil after mishaps"Not a very flattering article:

“Nutrien, the world’s largest potash producer, also announced an employee made currency derivatives trades in Brazil “outside of the company’s internal policy and authority limits,” resulting in a US$220-million loss. Nutrien vice-president Megan Fielding said Nutrien closed the derivatives positions in July and the employee is no longer with the company."

"Sentiment on Nutrien is at a low point, with concerns around weak ag fundamentals, retail recovery, potash supply adds, low cash conversion and a lack of clear positive catalysts,” RBC Dominion Securities Inc. analyst Andrew Wong said in a report. “The Brazil derivatives issue added to negative sentiment, even if not significantly material financially.”

https://www.theglobeandmail.com/business/article-nutrien-retreats-in-brazil-after-mishaps-executive-departures/

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