Mosaic cuts potash sales outlook as hurricanes, electrical issues disrupt production

Mosaic cuts potash sales outlook as hurricanes, electrical issues disrupt production

The Mosaic Company has sent shockwaves through the market by slashing its third-quarter 2024 sales forecast for potash and phosphates. The company cited severe operational disruptions, including mechanical failures and significant weather-related issues, as the main causes behind its downward revision. For the July and August 2024 period, Mosaic’s potash sales volumes reached only 1.31 […]