The Mosaic Co. reported a 26 percent increase in net income attributable to Mosaic for the third-quarter ending Feb. 28, 2013 to $344.6 million on sales of $2.24 billion, compared to the year-ago $273.3 million on sales of $2.19 billion. Potash sales volumes were 1.8 million mt during the quarter, toward the upper end of the company’s guidance, due in part to new offshore contracts. Potash and phosphate prices, however, were both down from year-ago levels.
Nine-month income was down slightly to $1.4 billion on sales of $7.3 billion from the year-ago $1.42 billion on sales of $8.3 billion.