The Mosaic Co
MOS: XNYS (USA)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
$38.00 | Bpgdv | Dbtdfywq |
Mosaic's Low-Cost Potash Should Support Solid Profits Even as Prices Return to Midcycle Levels
Business Strategy and Outlook
Mosaic is a leading producer of potash and phosphate fertilizers. In 2023, potash generated around 57% of total gross profits, with phosphates around 33%. The balance is derived from the Brazilian fertilizer business. Mosaic’s U.S. phosphate rock mines and Canadian potash assets provide the company with a stable input base for its products. Over the long run, Mosaic should benefit from growing global demand for fertilizer.