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0 0 0 0.000353232073472201 0.000353232073472201 -0.00211939244083371 -0.00176616036736138 0.000706464146944527
Stock impact report

Why Fertilizer Producer Mosaic's Stock Jumped 5% Monday [Yahoo! Finance]

Mosaic Company (The) (MOS) 
Last mosaic company (the) earnings: 2/19 04:42 pm Check Earnings Report
US:NYSE Investor Relations: investors.mosaicco.com
Company Research Source: Yahoo! Finance
The surge followed reports that Belarusian President Alexander Lukashenko proposed potash production cuts in an effort to boost prices. The move could help Mosaic, which stands to benefit from rising prices that might stem from potential potash production cuts. Shares of fertilizer producer The Mosaic Company ( MOS ) jumped over 5% on Monday, posting the strongest performance of any stock in the S&P 500 following reports Belarusian President Alexander Lukashenko proposed potash production cuts in an effort to boost prices. Lukashenko reportedly met Monday with Andrey Rybakov, new chief executive officer (CEO) of Belaruskali, the Eastern European nation's largest potash fertilizer company, and suggested approaching potash producers in Russia to coordinate cutting production of the potassium-rich chemicals and minerals by 10% to 11%. The move could lead to higher prices, benefitting Mosaic, with Belarus and Russia jointly accounting for around 40% of global potash exports. Sh Show less Read more
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