Nutrien's Shares Rise 11% in a Month: What's Driving the Stock?

Core Insights - Nutrien Ltd.'s shares have increased by 11.2% over the past month, outperforming the industry's decline of 0.7% and the S&P 500's rise of 1% during the same period [1]. Group 1: Growth Drivers - Nutrien is positioned to benefit from rising global fertilizer demand, supported by strong agricultural markets and tight inventories, which are expected to keep crop prices firm in 2025 [5]. - The company has recorded strong potash sales in the first nine months of 2025, leading to an increase in its potash sales guidance to 14–14.5 million tons [6]. - Nutrien is also expanding its operations in Brazil and plans to utilize free cash flow for targeted growth investments and acquisitions in its retail business [7]. Group 2: Cost Efficiency and Operational Improvements - Nutrien is targeting approximately $200 million in cost reductions for 2025 while enhancing its retail and digital platforms [9]. - The company is focused on lowering potash production costs and has implemented strategic actions to reduce controllable expenses, which are expected to improve free cash flow [10].