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Mosaic Announces October And November 2023 Revenue And Sales Volumes Q4 Potash Sales Volumes And MOP Prices At The Mine Are Expected To Be Near The Low End Of Previous Guidance Range Of 2.4M-2.6M Tonnes, And $235-$260 Per Tonne

Author: Benzinga Newsdesk | December 19, 2023 05:29pm

The Mosaic Company (NYSE:MOS) announced its combined October and November 2023 sales volumes and revenue by business unit.

PotashOct/Nov 2023Oct/Nov 2022
Sales volumes (000 tonnes(1))1,6381,248
Sales revenues (million USD)$506$780
PhosphatesOct/Nov 2023Oct/Nov 2022
Sales volumes (000 tonnes(1))1,019914
Sales revenues (million USD)$677$785
Mosaic FertilizantesOct/Nov 2023Oct/Nov 2022
Sales Volumes (000 tonnes(1))1,4721,521
Sales Revenues (million USD)$811$1,238

(1)Tonnes = finished product tonnes

For the fourth quarter, potash sales volumes and MOP prices at the mine are expected to be near the low end of previous guidance range of 2.4-2.6 million tonnes, and $235-$260 per tonne, respectively.

In Phosphates, fourth quarter sales volumes are expected to be near the low end of the previous guidance range of 1.6-1.8 million tonnes. Fourth quarter realized DAP prices at the plant are expected to be in the previous guidance range of $530-$580 per tonne.

The dry weather conditions pose risks to Brazil fertilizer shipments in the fourth quarter.

Posted In: MOS

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