NEWS
Tue May 6, 2014 08:18 AM CDT

(Dow Jones) -- Mosaic Co. said first-quarter profit slumped 43%, missing analysts' expectations, as lower prices weighed on sales.

First-quarter earnings of $217.5 million, or 54 cents a share, were down from $379.8 million, or 89 cents a share, a year earlier. Net sales fell 14% to $1.99 billion. Analysts surveyed by Thomson Reuters had projected profit of 59 cents a share and revenue of $2 billion.

The fertilizer producer's potash and phosphate businesses have weighed on results lately. However, the company has said it expects its business to grow on the strength of an improving market and recent acquisitions, ...

Quick View
  • Dr. Dan Talks Agronomy Can you trim inputs while growing soybeans in 2015? Here's a look at what you can and can't cut.
  • Fescue Workaround Fescue can be a challenge, but Butch Foster said he and his dad, Bob, put 200 to 250 pounds on ca...
  • Ask the Taxman by Andy Biebl Readers pose tax questions on how to justify repairs, handle capital gains on a residence and com...
  • Senior Partners - 1 Think how rural communities could rejuvenate if farmland rents stayed local rather than flowing t...
  • Sample With Precision Dan Davidson looks at how to measure the horsepower of your soil with the Solvita soil respiratio...
  • USDA Defines Actively Engaged Under the 2014 farm bill, family operations are exempted from proposed changes in actively engage...
  • New Paths Max payments forecast in areas of hardest-hit 2014 corn yields.
  • She's Got It All Alicia Mielke is a farm girl originally from Harrington, Wash., who continues to lend a hand to h...
  • Ask the Vet Would a bull with an undescended testicle or one that was a hard pull at birth be worthy of breed...
Related News Stories
White House Releases Antibiotics Plan
Making Money With Manure - 3
Windy Day Danger
DTN Retail Fertilizer Trends
Making Money With Manure - 2
Making Money With Manure - 1
DTN Retail Fertilizer Trends