26 September 2022, Florida: The Mosaic Company (NYSE:MOS) announced its August 2022 revenues and sales volumes by business unit.
Potash(1)
August 2022
August 2021
Sales volumes in thousands of tonnes(2)
848
610
Revenues in millions
$576
$196
Phosphates(1)
August 2022
August 2021
Sales volumes in thousands of tonnes(2)
699
666
Revenues in millions
$672
$465
Mosaic Fertilizantes(1)
August 2022
August 2021
Sales volumes in thousands of tonnes(2)
970
1,134
Revenues in millions
$939
$602
(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
Third quarter potash sales volumes are expected to be near the high end of the previous guidance range of 1.9-2.1 million tonnes, 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 tonnes. DAP prices on an FOB basis are now expected to be approximately $100 per tonne lower than prices realized during the second quarter.
