The Mosaic Co., Tampa, reported a surge in August revenues for all three major business segments – Potash, Phosphate, and Mosaic Fertilizantes – compared to August 2021. However, Potash was a standout with revenues of $576 million versus the year-ago $196 million. Potash and Phosphate volumes also exceeded the year-ago level.
Third-quarter potash sales volumes are expected to be near the high end of the previous guidance range of 1.9-2.1 million mt, while FOB MOP prices are now expected to be about in line with prices realized during the second quarter of 2022.
Phosphate sales volumes in the third quarter are expected to be at the low end of the previously guided range of 1.7-2.0 million mt. DAP prices on an FOB basis are now expected to be approximately $100/mt lower than prices realized during the second quarter.
| Potash | August 2022 | August 2021 |
| Sales Volumes 000 mt | 848 | 610 |
| Revenues in millions | $576 | $196 |
| Phosphate | August 2022 | August 2021 |
| Sales Volumes 000 mt | 699 | 666 |
| Revenues in millions | $672 | $465 |
| Mosaic Fertilizantes | August 2022 | August 2021 |
| Sales Volumes 000 mt | 970 | 1,134 |
| Revenues in millions | $939 | $602 |