Fertilizer stocks have enjoyed a strong run, but Citigroup downgrades the sector, believing that...

|By:, SA News Editor

Fertilizer stocks have enjoyed a strong run, but Citigroup downgrades the sector, believing that all the good news is priced in and momentum generated by improving farm commodity prices could slow. Even if crop prices climb further, "the incremental dollar may be invested elsewhere, such as in new machinery or land.” POT -5.1%, MOS -3.3%.