Read more
3:38 PM · 10 March 2022

Russia halts fertilizer exports!

-
-
Open account Download free app
-
-
Open account Download free app
-
-
Open account Download free app
-
-
Open account Download free app

Russia decided to suspend fertilizer exports. This decision has huge implications for world grain prices, which have already reacted strongly to the uncertainty surrounding the war in Ukraine. Additional tension was added by Putin's statement, which stated that Russia's allied countries had expressed a similar view regarding fertilizer exports. It is worth remembering that Belarus is responsible for almost half of the world's potassium exports. Pessimism may also be added by the poor soil moisture in the Old Continent and the poor forecasts for the next two weeks. Companies producing fertilizers reacted strongly to the ban on the export of fertilizers. Nutrien (NTR.US), CF Industries (CF.US) and Mosaic (MOS.US) jumped more than 6% today.

Soil moisture in Europe. Source: NASA

Mosaic (MOS.US) stock rose sharply following Putin's announcement, however gains were quickly erased as it seems that many investors expected such a move from the Kremlin. Source: xStation5

29 January 2026, 6:48 PM

Daily summary: Wall Street and precious metals try to rebound 📈Microsoft down 12%

29 January 2026, 6:03 PM

Oil gains 3% approaching 70 USD level amid US-Iran tensions 📈

29 January 2026, 4:59 PM

Apple shares down ahead of the earnings 📉Will iPhone support the company?

29 January 2026, 3:44 PM

NATGAS drops amid EIA inventories report 📉

Join over 2 000 000 XTB Group Clients from around the world

The financial instruments we offer, especially CFDs, can be highly risky. Fractional Shares (FS) is an acquired from XTB fiduciary right to fractional parts of stocks and ETFs. FS are not a separate financial instrument. The limited corporate rights are associated with FS.
This page was not created for investors residing in Brazil. This brokerage is not authorized by the Comissão de Valores Mobiliários (CVM) or the Brazilian Central Bank (BCB). The content of this page should not be characterized as an investment offer in Brazil or for investors residing in that country.
Losses can exceed deposits