CF Industries (CF +2.7%) and other fertilizer stocks rally after the U.S. government says...

|About: CF Industries Holdings, Inc. (CF)|By:, SA News Editor

CF Industries (CF +2.7%) and other fertilizer stocks rally after the U.S. government says corn inventories will fall even more than expected following the Midwest drought; global inventories will hit 117M metric tons as of Oct. 1, down from an estimate of 124M last month. "This report signals there is absolutely no supply cushion," a trader says. Also: MOS +2.1%, POT +2%, AGU +1.6%.