Fertilizer Space Continues To Trade Very Heavy (AGU, MOS, POT, CF)

The fertilizer complex has been trading very poorly for some time now. This trend is continuing on Thursday, and while a case could be made that these stocks are oversold, many traders are likely tired of seeing their holdings in this sector fall on a daily basis. On Thursday, Potash POT is leading the way lower, losing 1.87% to $51.33. Over the last month, POT has lost 8.50%. Agrium AGU is down 1.22% to $80.30 and Mosaic MOS is off by 1.12%. Both stocks have recorded losses of around 10% over the last month. The one stock that is a semi-bright spot, relatively speaking, is CF Industries CF. CF has shed 0.83% on Thursday, but is actually up this month, registering a gain of 1.67%.