The Mosaic Co. said on Sept. 21 that it expects approximately 250,000-350,000 mt of lower production in September due to the impact of Hurricane Irma on the company’s Florida phosphate operations. Together with the damage sustained to Mosaic’s Bartow warehouse (GM Sept. 15, p. 1), Mosaic said Irma could result in a loss of up 400,000 mt of finished phosphate products.
Mosaic said that prior to the hurricane, profitability metrics were tracking ahead of the company’s third quarter guidance due to good demand and strong operational performance.
Mosaic earlier reported that its finished fertilizer warehouse at Bartow had been damaged by the storm, and posted a picture showing large sections of the roof and siding missing from the structure. The company said it was “fortunate to have avoided significant damages in connection with Hurricane Irma.”