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CF Industries (CF) is rebounding this morning, jumping about 6% after the fertilizer stock fell 11% on Thursday on a decline in corn futures, among other factors.
Ag stocks in general are on a run after Lazard Capital Markets initiated coverage of the fertilizer industry today with a bullish outlook. The analysts expect nitrogen and potash prices to rise. Mosaic (MOS) was recently up 5.3% and Potash of Saskatchewan (POT) rose 3.1%. Original Article Source by Barrons.com |
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