$CF is up 5% premarket and +67% YTD. Trump's "Stone Ages" speech projected 2–3 more weeks of intensive Iran strikes — directly extending the Hormuz fertilizer supply disruption. The Gulf accounts for ~⅓ of global nitrogen exports. CF fills the gap as the world's largest North American ammonia producer. The fertilizer trade is not unwinding.
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CF Industries (CF) surges 5% premarket as Trump’s “Stone Ages” speech signals the fertilizer supply crisis has months to run
NEW YORK, April 2, 2026 — CF Industries Holdings (NYSE: CF) is Thursday's standout premarket gainer, surging approximately 5% before the bell after President Trump's Wednesday night national address on "Operation Epic Fury" explicitly signalled the war — and the Strait of Hormuz disruption with it — will continue for another two to three weeks