CF Industries shares surge 5.43% after hours as fertilizer prices rise on Middle East tensions.

CF Industries surged 5.43% in after-hours trading driven by rising fertilizer prices linked to geopolitical tensions in the Middle East, particularly the Strait of Hormuz crisis. The situation has bolstered demand for North American producers like CF Industries, which can domestically manufacture critical agricultural inputs. While institutional purchases, such as BDF Gestion’s Q4 stake, and HSBC’s raised price target to $130 provided additional support, the immediate catalyst was the market’s reaction to elevated fertilizer prices, positioning the company to benefit from constrained global supply chains.