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
  • Stay on Top of SDS The distinctive yellow patches of sudden death syndrome (SDS) are surfacing in soybean fields acr...
  • Cattle Market There may be a little less bull in this fall's calf market, but the fundamentals still spell oppo...
  • Precision Ag Potential Pending Precision agriculture proponents insist the industry can revolutionize agriculture, but first mor...
  • Cash Rent Reset - 1 With sub-$4 corn forecast for multiple years, growers need to make a preemptive strike on their 2...
  • Iowa Land Gets a Bounce Key Midwest land values are stuck in neutral or sliding below 2014 levels, recently released opin...
  • Canadian Dairy Conundrum Coping with Canada's dairy industry import tariffs and supply controls remains one of the stickin...
  • Senior Partners - 5 This fatherly financial advice is meant to prevent heartaches should the farm economy suffer anot...
  • Ask the Taxman by Andy Biebl CPA Andy Biebl answers readers' questions on depreciation recapture, defining a "true" lease and ...
  • Ask the Vet Does my calf have a hernia and is it repairable?
Related News Stories
Nitrogen Plans Altered
Dr. Dan Talks Agronomy
DTN Retail Fertilizer Trends
DTN Fertilizer Outlook
DTN Retail Fertilizer Trends
DTN Retail Fertilizer Trends
Parallels to 1997
Co-op Backtracks on N Plant