Mosaic curtails production in response to current market conditions

Mosaic curtails production in response to current market conditions.mosaic co - intends to reduce fertilizer production until markets improve.mosaic co - will continue to operate at lower rates in its canadian potash business.mosaic - plans to decrease phosphate production at its central florida facilities by 150,000 tonnes per month.mosaic co - production in both phosphates and potash will return to full rates when required to meet customer needs.mosaic co - expects its potash and phosphates shipment volumes for q4 to be modestly below its most recent guidance ranges.mosaic co - q4 phosphates segment gross margin per tonne is expected to fall significantly below guidance range due to low volumes and realized prices.mosaic co - third consecutive disappointing application season in north america has led to continuing high inventories and price weakness.mosaic co - "a third consecutive disappointing application season in north america has led to continuing high inventories and price weakness".mosaic co - "mosaic will not produce at high rates when we are unable to realize reasonable prices".
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