Mosaic's Low-Cost Potash Should Support Solid Profits Even as Prices Return to Midcycle Levels
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.