$60.58
-1.11 (-1.80%)
The Mosaic Company (MOS)
CAPS Rating:
The Company is the producers and marketers of concentrated phosphate and potash crop nutrients for the global agriculture industry.
The Company is the producers and marketers of concentrated phosphate and potash crop nutrients for the global agriculture industry.
Recs
the price of fetilizer has come up too much and commodities are weakening
As much as I hate to say it, I have to agree with you. The growth in meat consumption is faltering, so the demand for feed crops is diminishing, so the demand for fertilizer is waning. This won't be a long term condition, but for now profit growth in crops doesn't appear to be a smart bet. Best to hold onto your money for now. I think there is a similar situation going on with the railroads (which normally I like). With crop demand dropping, the need to ship those crops by rail is falteriing. (Sigh)