From 24/7 Wall Street:
Fertilizer maker, The Mosaic Company (NYSE: MOS), outlined its strategy for the coming months at the BMO Capital Markets 2009 Agricultural, Protein & Fertilizer Conference today. We decided to prepare a quick-hit look at the highlights of Mosaic’s presentation to get a better post0earnings season feel for what to expect this summer from at least one of the top potash players for agriculture:
* Potash sales volumes will decline significantly in 2009 due to weak demand…. Long-term demand for potash will increase. (More to follow)
* People need to eat, and more people causes demand for food and feed to increase. Given this basic principle, Mosaic is confident in its long-term prospects.* The company’s vertical integration enables it to keep its cost structure among the lowest in the industry.
* Mosaic will continue to focus on growth through expansion, both in North America mining properties and overseas finishe product markets....MORE
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