NEWS
Mon May 13, 2013 12:37 PM CDT

(Dow Jones) -- Mosaic Co., one of the world's largest fertilizer producers, said Monday it will delay plans to expand potash production in western Canada while it waits for better conditions.

The company hopes to proceed with the expansion after 12 to 24 months, Chief Financial Officer Larry Stranghoener told investors in a conference call.

"We think that by waiting a year or two we may see improved labor conditions in Saskatchewan that might help bring down the cost of this project," Stranghoener said. He added that the company may have "better clarity about the long-term supply picture in the ...

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