Fertilizer Stocks to Monitor - March 29th

Three notable fertilizer stocks to keep an eye on today are CSX, Union Pacific, and Canadian Pacific Kansas City. These stocks are important as they represent the inventory of fertilizer products that manufacturers, distributors, and retailers maintain to fulfill current and future agricultural demands. Holding these reserves is crucial for ensuring a steady supply of essential nutrients for crops, allowing the agriculture sector to withstand market fluctuations and supply chain disruptions.

Union Pacific (UNP)

The Union Pacific Corporation operates through its subsidiary, Union Pacific Railroad Company, primarily in the U.S. rail transportation sector. It provides services for shipping grain, fertilizers, food products, coal, and other goods to agricultural users and industrial sectors. During midday trading on Friday, Union Pacific saw its stock decrease by $3.91, reaching a price of $232.06. The trading volume was 1,917,148 shares, reflecting a slight decrease from the average volume of 2,425,716. The company's market capitalization stands at $140.23 billion and it has a price-to-earnings ratio of 20.93.

Canadian Pacific Kansas City (CP)

Canadian Pacific Kansas City Limited operates a freight railway system across Canada, the United States, and Mexico. It is involved in transporting various bulk commodities, including fertilizers, grain, coal, and other important materials. On Friday, shares traded down by $2.24 to a price of $69.31, with 4,274,392 shares changing hands, surpassing its average trading volume of 2,526,440. The company has a market cap of $64.72 billion and a P/E ratio of 23.90.

CSX (CSX)

CSX Corporation provides rail-based freight transportation services across various sectors, including agricultural products, fertilizers, and other commodities. On Friday, CSX's shares saw a decline of $0.81, reaching a price of $29.11 with a trading volume of 9,591,226 shares, below the average of 12,325,271. The company's market cap is $54.86 billion and it has a P/E ratio of 16.26.

stocks, fertilizer, agriculture