Mosaic posts strong quarterly results on strong fertilizer demand

Nov 4 (Reuters) - Fertilizer manufacturer Mosaic MOS.N beat third-quarter profit expectations on strong potash demand and pricing, and shares rose about 5% in after-hours trading.

A robust planting season and healthy crop conditions across much of North America drove farmers to use more fertilizer, lifting profits for producers including Mosaic.

Potash segment net sales rose 32.1% to $695 million from a year earlier, while phosphate sales increased 30% to $1.3 billion.

Mosaic Fertilizantes posted net sales of $1.6 billion in the third quarter of 2025, up from $1.4 billion in the comparable period of 2024.

The company said fertilizer markets remain balanced to tight, supporting pricing, and it expects Canpotex to set a shipment record this year on strong demand in its geographies.

Selling, general and administrative (SG&A) expense fell about 15% to $126 million from a year earlier.

Mosaic forecast full-year potash production of 9.1 million to 9.4 million tonnes, noting that North American demand could see seasonal deferrals amid trade uncertainty, and projected phosphate production of 6.3 million to 6.5 million tonnes.

The Tampa, Florida-based company reported adjusted earnings of $1.04 per share for the quarter ended September 30, ahead of analysts' average estimate of 99 cents per share, according to data compiled by LSEG.