Nutrien posts investor presentation outlining 2026 guidance and fertilizer market outlook

Nutrien Ltd.

Nutrien Ltd.

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  • Nutrien outlined 2026 guidance with retail adjusted EBITDA of USD 1.75-1.95 billion, capital expenditures of USD 2-2.1 billion.
  • Potash sales volumes forecast at 14-15 million tonnes; nitrogen at 9-10 million tonnes; phosphate at 2-3 million tonnes.
  • Adjusted EBITDA sensitivities include USD 280 million per USD 25/t potash price move; USD 180 million per USD 1/MMBtu NYMEX gas move.
  • Benchmark pricing cited as of June 1, 2026 includes Brazil potash USD 386/mt; NOLA urea USD 556/st; Tampa ammonia USD 691/mt.
  • Global potash demand outlook kept at 74-77 million tonnes for 2026, with higher demand testing operating capacity and supply chains.


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