What were the primary factors behind Mosaic's $273 million net loss in Q2, and how did they impact different business segments?

The primary factors behind Mosaic's $273 million net loss in Q2 were sulfur supply shortages, reduced phosphate production, and weak sales volume — all exacerbated by global sulfur and ammonia shortages and soaring prices, which forced capacity cuts at U.S. and Brazilian plants in May. These pressures led to a $104 million operating loss in the phosphate business, a $41 million swing from profit to loss in the Brazil fertilizer segment, while potash earnings remained stable at $195 million. Despite higher selling prices, lower operating rates and surging raw material costs overwhelmed revenue gains.

How has Mosaic adjusted its 2026 capital expenditure plan and cost structure in response to the challenging operating environment?

In response to the challenging operating environment — characterized by severe sulfur supply constraints and cost pressures — Mosaic lowered its 2026 capital expenditure forecast from $1.25 billion to $1.2 billion, deferred non-critical projects to conserve cash, and confirmed a workforce reduction initiative aimed at achieving $50 million in annual savings.

Mosaic Reports $273 Million Q2 Net Loss Amid Sulfur Shortage

Aug 10, 2026

Mosaic posted a $273 million net loss in Q2 due to sulfur supply constraints and phosphate production cuts, resulting in lowered 2026 capital expenditure forecasts and job cuts.

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2026-08-10

Mosaic Reports $273 Million Q2 Net Loss Amid Sulfur Shortage

Mosaic Reports $273 Million Q2 Net Loss Amid Sulfur Shortage

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