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Nutrien Ltd. (NTR) is on track to achieve around $200 million in cost savings by the end of 2025 as part of its efforts to enhance operational efficiency and boost free cash flow. These savings are largely expected from its Retail unit and a reduction in selling, general and administrative expenses (SG&A). The company is implementing measures such as location closures in North America and optimization in Australia to sustainably reduce per-unit costs amid volatile fertilizer prices.
Additionally, The Mosaic Company (MOS) is aiming for $250 million in run-rate cost reductions by 2026, having achieved $161 million in savings as of June 30, 2025. Meanwhile, CF Industries Holdings, Inc. (CF) reported a 33% year-over-year increase in SG&A expenses, attributed partly to rising natural gas costs, which averaged $3.36 per MMBtu in Q2 2025, up from $1.9 per MMBtu a year prior.
Nutrien’s stock has risen 30% year-to-date, compared to a 25.2% increase in the Zacks Fertilizers industry.
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