Nutrien Q2 Fertilizer Sales Volumes Fall as Middle East War Tailwinds Fade
Nutrien said second-quarter crop-nutrient sales volumes fell 11%, as high global prices were offset by lower volumes, higher input costs and fuel-driven pressure on revenue. Nitrogen sales revenue slipped 3% and volume dropped a quarter. Phosphate margins faced unsustainable pressure, prompting some producers to temporarily shut down, and the demand slump could persist.