In this video our Equity Analyst Dushan Ratkovic talks about this week’s pick for March 7, 2022.
So most recently, Russia announced they are recommending Russian companies to stop exporting fertilizer. This is a significant development as Russia supplies roughly 13% of the global share of fertilizer. If this goes through, it will cut the supply of fertilizer significantly and increase the price. That bodes well for non-Russia fertilizer producers, such as Nutrien Ltd. Which is one of the largest producers of fertilizer in the world. Nutrien is based out Saskatchewan Canada.
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