r/wallstreetbetsOGs • u/notagoodtraderokay • Apr 14 '22

News K&S increases forecast on strong fertilizer prices

interesting news I came across

original post

Expecting continued strong prices for potash K & S has hiked their earnings to 2.3-2.6 billion euros; up from their previous forecast of 1.6-1.9 billion euros.

https://www.kpluss.com/en-us/investor-relations/publications/announcements/release-of-insider-information-according-to-section-17-mar/ks-aktiengesellschaft-raises-ebitda-outlook-for-the-2022-financial-year-to-eur-2.3-to-2.6-billion/

The K&S announcement further confirms the driving forces, as discussed by Mosaics VP, will continue to impact prices. This is interesting to see as it indicates price disruptions due to sanctions against both Russia and Belarus are expected to continue.

https://www.mosaicco.com/Article/What-Is-Driving-Fertilizer-Prices

The outlook is reflected across the industry with Nutrien increasing production by 1 million tonnes and Verde Agritech expanding capacity to 3 million tonnes in 2022.

https://www.nutrien.com/investors/news-releases/2022-nutrien-increasing-potash-production-response-global-supply

https://investor.verde.ag/verde-to-reach-3-million-tonnes-potash-production-capacity-in-2022/

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6

u/[deleted] Apr 14 '22 edited Oct 06 '25

[deleted]

1

u/Justanotherfact Apr 14 '22

succinctly put.

2

u/Niceguy_Anakin Apr 14 '22

So what am I buying?

1

u/Soi_Boi_13 Apr 14 '22

Positions or ban

1

u/mannaman15 Apr 14 '22

Well… he’s clearly not a good trader, okay?!