Mosaic Fertilizantes posted a 31% increase in sales volumes for January-February 2023 compared with last year, according to results released by Mosaic on March 29. Sales revenues for the segment were up 12%, to $971 million from the year-ago $870 million.
Mosaic’s Potash and Phosphate segments also saw volume increases, but sales revenues were down from the year-ago period.
For the first quarter 2023, Mosaic expects total potash sales volumes to be near the lower end of the previously guided range of 1.8-2.0 million mt, with realized MOP pricing at the mine in the range of $400-$440/mt.
First-quarter phosphate guidance remains unchanged, with sales volumes in the range of 1.7-1.9 million mt and realized DAP prices on an FOB basis in the range of $625-$675/mt.
| Potash | Jan/Feb 2023 | Jan/Feb 2022 |
| Sales Volumes in thousands of mt | 1,100 | 1,048 |
| Sales Revenues in millions | $542 | $604 |
| Phosphates | Jan/Feb 2023 | Jan/Feb 2022 |
| Sales Volumes in thousands of mt | 1,066 | 999 |
| Sales Revenues in millions | $827 | $873 |
| Mosaic Fertilizantes | Jan/Feb 2023 | Jan/Feb 2022 |
| Sales Volumes in thousands of mt | 1,462 | 1,118 |
| Sales Revenues in millions | $971 | $870 |