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
Thursday, May 14, 2009
Mosaic’s BMO Ag Conference Presentation Summary (MOS)
From 24/7 Wall Street: