Mosaic (MOS) says it will cut its quarterly finished phosphate production by up to 250,0000...


Mosaic (MOS) says it will cut its quarterly finished phosphate production by up to 250,0000 tons, or ~10%, until the end of March as excess supply weighs on market prices. "The current spot prices in this market do not reflect our outlook for the business, nor do we think they are sustainable," CEO Jim Prokopanko says. MOS -2% AH.

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Comments (3)
  • jowl
    , contributor
    Comments (22) | Send Message
     
    It's got to be getting close to time to get into Mos
    28 Dec 2011, 06:23 PM Reply Like
  • J 457
    , contributor
    Comments (1000) | Send Message
     
    MOS, AGU, IPI....If they sell-off in the next week I'm in.
    28 Dec 2011, 06:34 PM Reply Like
  • JOETRADER
    , contributor
    Comments (90) | Send Message
     
    MOS will not decline because if you cut production, it will drive up prices for what is left.
    29 Dec 2011, 07:35 AM Reply Like
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