Summary: Nutrien (NTR) is a diversified global supplier of fertilizer. An amalgam of two major companies - Potash Corp. of Saskatchewan and Agrium - the company will provide more stable earnings than its peers and the decline in valuations caused by the novel coronavirus has created a unique buying opportunity.
2019 was a difficult year for crops in the U.S. especially, due to extremely wet weather and the trade war between China and the USA.
The trade agreement between the U.S. and China requires China to purchase $36.5 billion in U.S. agricultural goods