Mosaic earnings plummet 70% on weak fertiliser prices

By Kasia Patel
Published: Tuesday, 05 November 2013

Lower demand in North America and buyer caution cause sales and volumes to drop

Third quarter earnings for The Mosaic Co. plunged 70% to $124m in 2013, down from $417m the previous year, due to lower potash and phosphate prices, the company said in its results today.

Earnings per diluted share were $0.29 compared with $0.98 the previous year, while net sales for Q3...

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