What were Nutrien's first-quarter fertilizer segment sales growth figures for potash, nitrogen, and phosphates, and what drove the increase?

Potash net sales rose 24% to $926 million driven by record volumes; nitrogen climbed 15% to $1.01 billion; and phosphates gained 35% to $485 million — all supported by stronger prices across segments, including a surge in nitrogen rates due to tightened global supplies from the Middle East conflict, broadly higher phosphate prices, and relatively firm potash prices.

Why did Nutrien's adjusted core profit in the phosphates segment decline despite higher sales, and what strategic actions is the company taking regarding its phosphate and nitrogen assets?

Adjusted core profit in the phosphates segment fell 7% to $57 million due to higher sulfur input costs. Separately, Nutrien is progressing with a strategic review of alternatives for its phosphate business (launched in November), its Trinidad nitrogen facility (subject to a controlled shutdown since October due to gas supply constraints and port access issues), and its Brazilian retail business.

Nutrien posts higher profit as prices rise, flags tight nitrogen supply

May 6, 2026

Canada's Nutrien reported a surge in first-quarter profit driven by rising fertilizer prices and record volumes across segments. However, the company flagged tightening global nitrogen supply conditions due to geopolitical conflicts and trade flow disruptions.

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