Reading Time: < 1 minute Mosaic missed Wall Street expectations for fourth-quarter profit on Tuesday, hurt by a steep drop in U.S. phosphate fertilizer demand that weighed on sales volumes.
Tag Archives Mosaic
Mosaic misses profit estimates on weak U.S. phosphate demand
Mosaic warns of North American fertilizer demand slump in Q4
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Reading Time: < 1 minute Mosaic warned on Friday that an unusually steep drop in North American fertilizer demand during the fourth quarter has weighed on its sales and cash flow, sending the company’s shares declining more than six per cent in premarket trading.
Mosaic beats first-quarter profit estimates on South America business strength
Reading Time: < 1 minute Fertilizer producer Mosaic beat Wall Street expectations for first-quarter profit on Tuesday, driven by strength in its South America business.
Mosaic expects Florida fertilizer facilities to return to full production soon
Reading Time: < 1 minute Fertilizer maker Mosaic Co said on Monday that its Florida facilities are expected to return to full production capacity over the coming days after being idled due to Hurricane Milton.
Mosaic says fertilizer waste facility’s water entered Tampa Bay after Hurricane Milton
Industrial byproduct phosphogypsum is known to emit cancer-causing radioactive gas
Reading Time: < 1 minute Mosaic Co said on Friday that water supporting the chemical company's storage of a waste byproduct from fertilizer manufacturing in Florida probably made its way into Tampa Bay following a downpour from Hurricane Milton.
Florida fertilizer plants, grain mills close as Hurricane Milton nears
Reading Time: 2 minutes Fertilizer plants, livestock feed facilities and at least one large flour mill in Florida closed on Wednesday in preparation for Hurricane Milton's destructive winds, heavy rain and deadly storm surge.
Mosaic misses profit estimates on lower prices of fertilizers
Farmers seen waiting on prices to stabilize
Reading Time: < 1 minute Reuters — Mosaic Co. on Wednesday missed Wall Street estimates for first-quarter profit on lower prices of potash and other crop fertilizers, even as the fertilizer maker sold higher volumes. Although prices of fertilizers such as phosphates and potash decreased during the reported quarter, it did not boost demand as farmers waited for pricing trends […] Read more
Mosaic misses profit estimate amid lower demand for fertilizers
Reading Time: < 1 minute Reuters — Mosaic Co. on Wednesday became the latest fertilizer maker to miss fourth-quarter profit estimates amid lower demand for potash and other crop fertilizers, pushing shares down 2.2 per cent in extended trading. Although prices of fertilizers such as phosphates and potash decreased toward the end of last year, it did not boost demand […] Read more
Mosaic says stockpiles too high to restart Saskatchewan mine
Company expects Russia, Belarus 2023 potash exports at 2022 level
Reading Time: 2 minutes Winnipeg | Reuters — Fertilizer producer Mosaic Co. does not currently see the right market conditions to restart its idled Saskatchewan potash mine, with high inventories in the U.S. and Brazil and cold weather slowing trains from Canada, CEO Joc O’Rourke said Wednesday. Mosaic curtailed potash production in December at its Colonsay, Sask. mine, but […] Read more
Mosaic to throttle back Saskatchewan potash mine
Demand increasing, but 'slower than expected'
Reading Time: < 1 minute Demand for potash is coming back after “a year of reduced applications” — but not quickly enough that U.S. fertilizer giant Mosaic Co. plans to keep all its Saskatchewan mines running at their current pace. Florida-based Mosaic said Tuesday it has now “temporarily curtailed” production at its potash mine at Colonsay, about 65 km southeast […] Read more
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