NEWS
Mosaic Reports Higher 3Q Results
Thu Mar 28, 2013 10:39 AM CDT

(Dow Jones) -- Mosaic Co.'s (MOS) fiscal third-quarter profit jumped 26% as the fertilizer producer reported increased potash sales volumes and a foreign currency transaction gain.

Although potash prices have remained under pressure in recent months, as large buyers in China and elsewhere signed supply contracts for 2013 at lower prices, demand has been better than expected, improving market fundamentals, the company said. Revenue from Mosaic's potash segment jumped 37% from a year ago.

"As we emerge from the traditionally slow third fiscal quarter, we are seeing strong demand and improving sentiment in most of our geographies," Mosaic Chief Executive ...

Quick View
  • Enlist Cotton Approved USDA has made its final decision to deregulate Dow AgroScience's Enlist cotton trait, which means...
  • Market Moves Weaning and preconditioning top the list of aggravating and expensive chores for most ranchers. C...
  • Ask The Mechanic Ask the Mechanic answers the question about how VW and German engineering was able to get by with...
  • Batten Down the Hatches Purdue economists forecast multiple years of negative or narrow margins for corn and soybean prod...
  • PNW Ag Hit by Historic Drought In addition to problems with the Northwestern wheat crop, cattle are also being adversely affecte...
  • RFS Deadline Nears With the deadline to file comments on the proposed Renewable Fuel Standard volumes to strike at m...
  • Woodbury: Farm Family Business Agendas don't always lead to immediate decisions, but can still cement your family unity.
  • Multi-Year Losses Spur Concern The recent price rally offered growers a welcome opportunity to price 2014 and 2015 crops, but it...
  • Ask the Vet The vet says my calf had Mannheimia. What is that?
Related News Stories
DTN Fertilizer Outlook
DTN Retail Fertilizer Trends
DTN Retail Fertilizer Trends
Farmers Lock in Propane Needs
DTN Retail Fertilizer Trends