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Ariana Milin

Research Analyst at CIBC Capital Markets

Ariana Milin is an Associate at CIBC Capital Markets, specializing in equity research with a focus on the building products and materials sectors. She is known for covering companies such as Doman Building Materials and others in this segment, regularly participating in earnings calls and demonstrating in-depth sector knowledge. Milin began her professional career after earning her undergraduate degree from McGill University and a graduate degree from an undisclosed institution, joining CIBC following relevant academic and capital markets training. Her credentials include specialized capital markets coursework with The Marquee Group, centering her expertise in financial analysis and securities research for the Canadian equity markets.

Ariana Milin's questions to Nutrien (NTR) leadership

Ariana Milin's questions to Nutrien (NTR) leadership • Q2 2025

Question

Ariana Milin from CIBC Capital Markets asked if relatively favorable ammonia pricing could lead to a shift toward more direct ammonia application in North America during the fall season.

Answer

EVP & Chief Commercial Officer Chris Reynolds stated that the company does not anticipate a material shift in the nitrogen product mix this fall. He explained that a move to fall-applied ammonia would require an early commitment to planting corn, which growers often decide later. He did note, however, that low UAN inventories could lead to price strength for that product.

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