Mosaic announces july 2022 revenues and sales volumes

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31 August 2022, Florida: The Mosaic Company (NYSE:MOS) announced its July 2022 revenues and sales volumes by business unit.

Potash (1)July 2022July 2021
Sales volumes in thousands of tonnes(2)579629
Revenues in millions$391$191
Phosphates(1)July 2022July 2021
Sales volumes in thousands of tonnes(2)280597
Revenues in millions$295$407
Mosaic Fertilizantes (1)July 2022July 2021
Sales volumes in thousands of tonnes(2)9211,197
Revenues in millions$848$585

(1)The revenues and tonnes presented are sales as recognized in the period and do not reflect current market conditions due to the lag between pricing and revenue recognition.

(2)Tonnes = finished product tonnes

July sales volumes reflect the deferral of shipments that was discussed during the second quarter earnings call. We continue to expect volumes to accelerate toward the end of the third quarter and into the fourth quarter of 2022.

Also Read: With the new fertilizer bag policy in place, how will the farmers buy the fertilizer of their preferred company

(For Latest Agriculture News & Updates, follow Krishak Jagat on Google News)

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