The fertilizer producer aims to free up $300M-$500M in working capital while guiding Q3 sulfur prices between $700 and $710 per ton.
Mosaic announced plans to release $300M to $500M in working capital as part of its strategy to navigate a challenging market. The company also guided Q3 sulfur prices at $700 to $710 per ton, reflecting current supply and demand dynamics.
The move follows broader phosphate curtailments and operational adjustments to position the company for an eventual market recovery. Mosaic’s Q2 2026 outlook emphasizes cost management and capital efficiency amid ongoing volatility in commodity markets.
No immediate market reaction was disclosed in the earnings call summary.