Fertilizer Stocks to Watch This March

As the market trends upward, three key fertilizer stocks are drawing attention: Union Pacific, Canadian Pacific Kansas City, and CSX. These companies are currently featured on stock watchlists, indicating their importance in the agricultural sector, especially in the context of fertilizer supply which is critical for crop growth and stability.

Union Pacific Corporation (UNP)

Union Pacific Corporation operates through its subsidiary, Union Pacific Railroad Company, providing essential transportation services across the United States. This company handles a wide variety of products, including grain, fertilizers, refrigerated goods, and more. Its operations are vital for grain processors, animal feeders, and ethanol producers, who rely on timely deliveries of agricultural products.

On recent trading days, Union Pacific saw its stock price hit $232.06 after a decrease of $3.91. The trading volume was 1,917,148 shares, showing activity close to its average volume of 2,425,716. The company boasts a market capitalization of $140.23 billion, with a price-to-earnings ratio of 20.93. Its stock’s performance is noted with a 50-day moving average price of $243.11 and a 200-day moving average of $239.56. Union Pacific's recent trading has established a low of $218.55 and a high of $258.07 in the past year.

Canadian Pacific Kansas City (CP)

Canadian Pacific Kansas City Limited operates an extensive transcontinental freight railway across Canada, the United States, and Mexico. This company specializes in transporting bulk commodities such as grain, coal, and fertilizers, making it integral to the agricultural supply chain.

On the latest trading sessions, shares of Canadian Pacific Kansas City dropped $2.24, reaching $69.31. It recorded a trading volume of 4,274,392 shares, surpassing its average volume of 2,526,440. The company's market cap stands at $64.72 billion, with a price-to-earnings ratio at 23.90 and a 50-day moving average price of $76.45. In the past year, the stock has fluctuated between a low of $69.28 and a high of $89.26.

CSX Corporation (CSX)

CSX Corporation is noted for its rail-based freight transportation services, handling various commodities including fertilizers, agricultural products, and chemicals. The company's logistics capabilities are crucial for facilitating agricultural operations and ensuring timely delivery of essential goods.

Recently, CSX shares decreased by $0.81 to reach $29.11, with a trading volume of 9,591,226 shares which is lower than its average volume of 12,325,271. The firm has a market capitalization of $54.86 billion, a price-to-earnings ratio of 16.26, and a 50-day moving average of $31.75. In the past year, the stock has seen a low of $28.98 and a high of $37.10.

Monitoring these three companies is vital for investors interested in the fertilizer market and agricultural sectors as they play key roles in supplying essential nutrients to support agricultural productivity.

stocks, fertilizers, agriculture