It’s no surprise that the conflict in Ukraine has had a significant impact on fertilizer stocks in the stock market this year. Eastern Europe is an important wheat belt and a large exporter of fertilizer. As a result of the conflict, it has made wheat prices vulnerable. Simply put, the Ukraine-Russia war has caused a hike in the prices for items like fertilizer, and wheat.
Additionally, fertilizer stocks offer exposure to an important sector of the agriculture industry and can be a way to profit from the growing global demand for food. Fertilizer companies often have strong relationships with farmers and can benefit from advances in agricultural technology. Moreover, fertilizer stocks can be volatile but offer the potential for high returns. For investors looking for exposure to the agriculture industry, here are four fertilizer stocks to watch in the stock market today.
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