Seasonality
CF seasonality — CF Industries
Over the last 11 years, CF's strongest month on average has been July (+6.3%) and its weakest October (-2.1%).
Average return by month
Month-by-month statistics
| Month | Avg | Median | Up % | Best | Worst | Yrs |
|---|---|---|---|---|---|---|
| Jan | +2.38% | +0.04% | 50% | +20.6% | -15.6% | 10 |
| Feb | +0.46% | -0.71% | 50% | +17.9% | -12.1% | 10 |
| Mar | -0.29% | -3.34% | 40% | +30.4% | -26.2% | 10 |
| Apr | -0.47% | -0.49% | 50% | +9.5% | -8.9% | 10 |
| May | +0.77% | +1.48% | 70% | +15.8% | -14.1% | 10 |
| Jun | +1.09% | -0.91% | 50% | +16.1% | -13.2% | 10 |
| Jul | +6.35% | +5.54% | 90% | +18.2% | -8.2% | 10 |
| Aug | +2.14% | +1.32% | 50% | +16.9% | -6.7% | 10 |
| Sep | +4.49% | +3.40% | 70% | +22.9% | -11.4% | 10 |
| Oct | -2.07% | -5.56% | 40% | +10.4% | -11.8% | 10 |
| Nov | +3.30% | +1.82% | 56% | +35.1% | -12.2% | 9 |
| Dec | +2.73% | +3.55% | 70% | +16.8% | -21.2% | 10 |
Monthly returns heat map — CF
price return, %| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Year |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 20.6 | 6.8 | 30.4 | -4.3 | -9.5 | -3.6 | 15.6 | 3.9 | -11.4 | 7.0 | -3.2 | +54.4% | |
| 2025 | 8.1 | -12.1 | -3.5 | 0.3 | 15.8 | 1.4 | 0.9 | -6.7 | 3.5 | -7.2 | -5.5 | -1.7 | -9.3% |
| 2024 | -5.0 | 6.9 | 3.1 | -5.1 | 1.0 | -7.0 | 3.1 | 8.8 | 3.3 | -4.2 | 9.0 | -4.8 | +7.3% |
| 2023 | -0.6 | 1.4 | -15.6 | -1.3 | -14.1 | 12.9 | 18.2 | -6.1 | 11.2 | -7.0 | -5.8 | 5.8 | -6.7% |
| 2022 | -2.7 | 17.9 | 26.9 | -6.0 | 2.0 | -13.2 | 11.4 | 8.3 | -7.0 | 10.4 | 1.8 | -21.2 | +20.4% |
| 2021 | 6.9 | 9.4 | 0.2 | 7.2 | 9.3 | -3.2 | -8.2 | -3.9 | 22.9 | 1.8 | 6.7 | 16.8 | +82.8% |
| 2020 | -15.6 | -8.5 | -26.2 | 1.1 | 6.8 | -4.2 | 11.3 | 4.2 | -5.9 | -10.1 | 35.1 | 3.8 | -18.9% |
| 2019 | 0.3 | -3.3 | -3.1 | 9.5 | -10.1 | 16.1 | 6.1 | -2.8 | 2.1 | -7.8 | 1.9 | 3.3 | +9.7% |
| 2018 | -0.2 | -2.8 | -8.5 | 2.8 | 6.0 | 7.9 | 0.1 | 16.9 | 4.8 | -11.8 | -12.2 | 3.1 | +2.3% |
| 2017 | 12.1 | -11.0 | -6.6 | -8.9 | 0.6 | 3.9 | 5.0 | -1.2 | 21.3 | 8.0 | -1.3 | 13.5 | +35.1% |
| 2016 | 8.8 |