MOS - Mosaic reports growth in October sales across business units Q4 outlook reaffirmed

The Mosaic (NYSE:MOS) reported October 2021 sales revenue and volumes by business unit - Phosphates, Potash and Mosaic Fertilizantes recorded sales revenues of $437M, $258M, and $500M respectively compared to $294M, $180M and $271M respectively in year ago month. The company reaffirmed Q4 Phosphates segment sales volumes to be in the range of 1.8 to 1.9M tonnes with average realized prices rising $55 to $65 per tonne over prices realized in Q3. In Potash, Mosaic continues to expect Q4 sales volumes of 2 to 2.1M tonnes with average realized prices rising $110 to $130 per tonne over prices realized in Q3. Beyond Q4, Mosaic is seeing strong demand for nutrients, having already committed and priced 40% of the Phosphates segment's expected sales volumes for 1Q22.

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Mosaic reports growth in October sales across business units, Q4 outlook reaffirmed