Capital Allocation Trends At Mosaic (NYSE:MOS) Aren't Ideal
Mosaic's (NYSE:MOS) 8.0% CAGR Outpaced the Company's Earnings Growth Over the Same Five-year Period
Belarus proposed to cut potassium fertilizer production, and the stock price of mosaic company (MOS.US), which has been quiet for a long time, surged upon hearing the news.
As of the closing of the US stock market on Monday, mosaic company, the largest integrated fertilizer producer in the United States, saw a rare surge of over 5%, with an intraday increase of over 8%.
Fertilizer Stocks Traded Higher On Monday: Here's Why
Shares of Fertilizer Stocks Are Trading Higher After Belarusian President Aleksander Lukashenko Reportedly Suggested Potash Production Cuts.
Mosaic, Nutrien Surge as Belarus President Said to Propose Cutting Potash Output