MOS · 10-Q · 2026Q2 · Full report
Phosphate Manufacturing Capacity
MOSAIC CO · 2026-08-05 · Importance 53 · Surprise 48 · From source text
Mosaic temporarily curtailed production at certain Phosphate facilities in North America and Brazil in response to weak market conditions and limited sulfur supply. North American Phosphate processed-production operating rates declined to 58% in the second quarter from 61%, while North American phosphate-rock production fell to 2.1 million tonnes from 2.7 million tonnes as mining moved into new areas. In Brazil, idling the Araxá and Fospar facilities, idling the Patrocínio mine, and curtailing Tapira and Catalão reduced second-quarter phosphate production 52% and lowered the operating rate to 47% from 84%. The company stated that additional temporary production curtailments could occur in the third quarter across North American and Brazilian Phosphate facilities and Brazilian blending units.
Key facts
- Phosphate segment operating loss for the three months ended June 30, 2026: $104 million, compared to an operating loss of $8 million in the prior-year period. source
- Company expects to temporarily curtail additional production at phosphate production facilities in North America and Brazil, and blending units in Brazil, in the third quarter of 2026 in response to limited sulfur supply. source
- Mosaic Fertilizantes phosphate operating rate decreased to 47% for the three months ended June 30, 2026, compared to 84% in the same period of the prior year. source
- Mosaic Fertilizantes six-month phosphate operating rate decreased to 56% for the six months ended June 30, 2026 compared to 81% in the same period of the prior year. source
- North America phosphate rock production for the three months ended June 30, 2026: 2.1 million tonnes, compared to 2.7 million tonnes in the prior-year period. source
- In various jurisdictions, particularly Florida and Louisiana, we are required to pass a financial strength test or provide credit support, typically in the form of surety bonds, letters of credit, certificates of deposit or trust funds. source
- Phosphate processed operating rate was 58% for the three months ended June 30, 2026, down from 61% in the same period in 2025. source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| operating_income | negative | realized | -3.4% | Phosphate segment operating loss for the three months ended June 30, 2026: $104 million, compared to an operating loss of $8 million in… |
| revenue | negative | probable | — | Company expects to temporarily curtail additional production at phosphate production facilities in North America and Brazil, and blending… |