Mosaic reports earnings Monday and expectations are very low, news flow has been extremely Bearish with multiple downgrades and production issues. Demand is also in decline due to issues in China, but these issues could turn very quickly. The price action is so bearish there may a contrarian long possible due to expectations been so low, any surprise in earnings could produces quite a jump in the stock. Call options have been traded in some good volume last week, but may just be protection.
Company Description
The Mosaic Co. engages in the production and marketing of concentrated phosphate and potash crop nutrients. The company operates its businesses through its wholly and majority owned subsidiaries. It operates through the following segments: Phosphates, Potash, and Mosaic Fertilizantes. The Phosphates segment owns and operates mines and production facilities in North America which produces concentrated phosphate crop nutrients and phosphate-based animal feed ingredients, and concentrated crop nutrients. The Potash segment owns and operates potash mines and production facilities in North America which produce potash-based crop nutrients, animal feed ingredients, and industrial products. The Mosaic Fertilizantes segment produces and sell phosphate and potash-based crop nutrients, and animal feed ingredients, in Brazil.
Company Description
The Mosaic Co. engages in the production and marketing of concentrated phosphate and potash crop nutrients. The company operates its businesses through its wholly and majority owned subsidiaries. It operates through the following segments: Phosphates, Potash, and Mosaic Fertilizantes. The Phosphates segment owns and operates mines and production facilities in North America which produces concentrated phosphate crop nutrients and phosphate-based animal feed ingredients, and concentrated crop nutrients. The Potash segment owns and operates potash mines and production facilities in North America which produce potash-based crop nutrients, animal feed ingredients, and industrial products. The Mosaic Fertilizantes segment produces and sell phosphate and potash-based crop nutrients, and animal feed ingredients, in Brazil.