1148 ET - Mosaic CEO Bruce Bodine says the company is operating in a challenging business environment. "Geopolitical events are driving volatility throughout the global phosphate supply chain," he says on a call with analysts. "Many producers are struggling to secure raw materials, resulting in an already tight market becoming even tighter." Supply and demand imbalances are inflating prices, putting pressure on both farm economics and Mosaic's bottom line. Shares fall 2.8% after Mosaic swings to a 1Q loss. (connor.hart@wsj.com)
(END) Dow Jones Newswires
May 11, 2026 11:48 ET (15:48 GMT)
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