Trump: Fertilizer Deal with Belarus in the Works, CF Industries and Nutrien Shares Fall

CF Industries shares dropped 6.3% amid concerns over increased supply following President Trump's signal of a fertilizer deal with Belarus. Although the RSI at 24.8 indicates oversold conditions, the MACD remains negative and the price is below the 20/50-day SMAs, sustaining a weak technical outlook. The news could create additional selling pressure in the short term, but oversold conditions may lead to bargain hunting. The 1-3 day direction is downward, but the pace of decline may be limited. Investors should monitor the details of the deal and its supply impact.

The news of Trump's fertilizer deal with Belarus could increase global fertilizer supply, putting pressure on prices and negatively affecting sales prices for producers like Nutrien. Technical indicators are already weak: the stock has fallen 3.6% in 24 hours, with an RSI of 34, near oversold territory but without a reversal signal yet. The MACD is negative and below the signal line, indicating short-term downward momentum. The price is trading below the 20 and 50-day moving averages, suggesting continued selling pressure. The impact of the news may be limited, but combined with the current technical picture, downside risk could persist over the next 1-3 days.

The news signals a fertilizer agreement with Belarus, implying that global fertilizer supply could increase and prices could be suppressed. This could create an unfavorable demand/supply balance for fertilizer producer MOS. Technical indicators are already weak: the price is below the 20- and 50-day moving averages, RSI is around 40, and MACD is in negative territory. In the short term, selling pressure is likely to continue. However, it should be noted that the agreement has not yet been finalized and the market reaction may remain limited.