Mosaic Co (NYSE: MOS) is a crop nutrients company that mines, processes, and distributes phosphate and potash fertilizers. Revenue is transactional, generated through the sale of concentrated phosphate crop nutrients, potash products, and phosphate-based animal feed ingredients to agricultural customers across approximately 40 countries. Mosaic is the second largest integrated phosphate producer in the world and typically ranks among the top four global potash producers, with approximately 72% of estimated North American concentrated phosphate production in 2025 and approximately 12% of estimated world annual potash production. The company was incorporated in Delaware in March 2004, formed through the October 2004 combination of IMC Global Inc. and the fertilizer businesses of Cargill, Incorporated. Operations span mines and processing facilities in Florida, Louisiana, Saskatchewan, and Brazil, with distribution reach into China, India, the U.S., and Brazil, the top four nutrient-consuming countries globally.

Revenue model

Transactional sales of phosphate crop nutrients, potash crop nutrients, phosphate-based animal feed ingredients, and blended fertilizers. Products are sold directly to agricultural distributors and end-users across approximately 40 countries.

Products and services

Concentrated phosphate crop nutrients including DAP and MAP; MicroEssentials branded fertilizers; muriate of potash (MOP); K-Mag specialty potash; phosphate-based animal feed ingredients; crop nutrient blending and distribution through the Mosaic Fertilizantes segment in Brazil.

Customers and end markets

Agricultural end markets across approximately 40 countries. Key consuming geographies are China, India, the U.S., and Brazil. Customers include agricultural distributors and, through the Mosaic Fertilizantes segment, direct retail customers in Brazil.

Value-chain role

Vertically integrated producer: mines phosphate rock and potash ore, processes into finished crop nutrients and animal feed ingredients, and distributes through owned blending, bagging, and port facilities. Holds over 368,000 acres of Florida land holdings for phosphate rock access.

Geographic exposure

United States (Florida phosphate mines and processing, Louisiana processing, New Mexico potash mine); Canada (Saskatchewan potash mines at Belle Plaine, Colonsay, and Esterhazy); Brazil (phosphate mining, chemical plants, blending and distribution via Mosaic Fertilizantes); Peru (75% economic interest in Miski Mayo Phosphate Mine); distribution and operations also in China, India, and Paraguay.

Source: SEC 10-K, filed 2026-02-27

Industry: Agricultural Chemicals Peers: American Vanguard Corp CF Industries Holdings Inc Corteva Inc CVR Partners LP FMC Corp Intrepid Potash Inc Scotts Miracle-Gro Co