Sell-Off In The Fertilizer Space (MOS, MON, POT, AGU)

All of the red-hot fertilizer names are undergoing a correction on Tuesday along with grain and soft commodity prices. CBOT wheat futures, for example, have lost 2.57%. Monsanto MON is leading the way down, losing 3.29% to $72.61. Shares of Potash Corp. POT are not far behind, falling more than 3% to $184.02 in morning trade. Agrium AGU and Mosaic MOS are also getting hit hard. MOS shares have lost 3.29% and are trading at $86.07 and AGU is down 2.54% to $95.65.