Insights and Stories on Mosaic

Dec. 19, 2019 at 6:55 pm CST

Reuters — Mosaic Co. said Thursday it will reduce fertilizer production until market conditions improve, as a difficult harvest season in North America has led to reduced fertilizer usage. Agricultural companies’ profits have been hammered this year due to an unusually cold and wet weather that has delayed planting season […]

By Reuters

Nov. 5, 2019 at 4:02 pm CST

Bengaluru |Reuters – Canadian fertilizer maker Nutrien Ltd missed third-quarter profit estimates and cut full-year earnings forecast on Monday, as it battled lower demand for its crop nutrients. Agricultural companies have seen their profits hammered by harsh weather that delayed planting season in North America and a trade war fueled uncertainty that has […]

By Taru Jain

Oct. 13, 2019 at 1:42 am CDT

Fertilizer firm Mosaic Co. is dialing back production at another of its potash mines in eastern Saskatchewan as its potash inventories rise. Minnesota-based Mosaic Co. said Thursday it will “temporarily curtail” potash production at its Esterhazy mine, bringing the company’s total production curtailments up to 600,000 tonnes. The added curtailment, […]

By GFM Staff

Sep. 11, 2019 at 9:23 pm CDT

Canadian fertilizer giant Nutrien plans to shut down three of its Saskatchewan potash mines for up to two months in the fourth quarter of the year. The Saskatoon company said Wednesday it “expects to proactively take up to eight-week inventory shutdowns” at its mines at Allan, Lanigan and Vanscoy, Sask. […]

By GFM Staff

Aug. 20, 2018 at 8:09 pm CDT

Winnipeg/London | Reuters — Canada’s Nutrien, the world’s biggest potash miner by capacity, has helped engineer a surprising price rebound for the fertilizer by idling capacity. Now the trick will be keeping prices from appreciating too much to ensure a major would-be competitor, BHP Billiton, stays on the sidelines. BHP […]

By barbara-lewis, Rod Nickel