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.
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Mosaic misses profit estimates on weak U.S. phosphate demand
Mosaic warns of North American fertilizer demand slump in Q4
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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
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
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
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
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 CEO to step down
Reuters – Fertilizer maker Mosaic’s CEO, James O’Rourke, will step down from his position effective Dec. 31, ahead of his planned retirement next year, the company said Aug. 29. Shares of the top U.S. phosphate maker fell 1.7 per cent in extended trading. Bruce Bodine, Mosaic’s senior vice-president of North America, will take charge as
Mosaic restarts Canadian potash mine
Reuters – Mosaic restarted a Canadian potash plant last month after idling it since December due to waning demand for the crop fertilizer. The company says it expects tight supplies through 2023. Mosaic restarted the Colonsay, Sask., mine to offset a short-term drop in potash production that was due to summer maintenance at the larger
Mosaic misses profit estimates on lower prices of fertilizers
Farmers seen waiting on prices to stabilize
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
Mosaic misses profit estimate amid lower demand for fertilizers
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
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