# Mosaic Lowers Guidance as Sulfur Prices Bite | AInvest

> Mosaic cut its 2026 production guidance and capital expenditure to about $1.25B amid record sulfur prices and supply constraints. Analysts lowered price targets, with UBS moving to $19 and Barclays, CIBC and Mizuho to $22, and the company reported expected losses for Q3 2026.

- Date: 2026-11-01 · published 2026-11-01T18:12:00.046Z
- Category: logistics · region Global · magnitude low
- Page: https://feedsoft.ai/events/30173-mosaic-lowers-guidance-as-sulfur-prices-bite-ainvest
- Commodities: [DAP](https://feedsoft.ai/c/DAP.md), [Phosphate Rock](https://feedsoft.ai/c/PHOSROCK.md)

## Why it matters

Sulfur shortages from the Hormuz disruption are constraining phosphate output, which tightens DAP and phosphate supply for feed-phosphate and fertilizer buyers and supports higher phosphate prices.

## Read by commodity

- DAP: bullish ▲
- PHOSROCK: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DAP | 2026-10-22 | [Mosaic idles South Fort Meade phosphate plant amid global sulfur shortage — CMB News](https://feedsoft.ai/events/669-mosaic-idles-south-fort-meade-phosphate-plant-amid-global-sulfur-shortage-cmb.md) | 0.0% | — |
| DAP | 2026-07-08 | [Mosaic cuts Brazil phosphate output amid tight sulfur supply, rising costs \| S&P Global](https://feedsoft.ai/events/18689-mosaic-cuts-brazil-phosphate-output-amid-tight-sulfur-supply-rising-costs-s-and.md) | +1.0% | +5.1% |
| DAP | 2026-07-28 | [Urea's cheap but farmers urged to act on phosphate as prices soar \| Farm Online \| ACT](https://feedsoft.ai/events/18656-urea-s-cheap-but-farmers-urged-to-act-on-phosphate-as-prices-soar-farm-online.md) | +1.7% | +1.3% |
| DAP | 2026-07-29 | [Strait of Hormuz pressure on fertilizers: sulfur rises 322% in one year, phosphates lose demand and urea advances again](https://feedsoft.ai/events/18694-strait-of-hormuz-pressure-on-fertilizers-sulfur-rises-322-in-one-year.md) | +1.6% | +1.6% |
| DAP | 2023-12-11 | [Diammonium Phosphate Prices Surge Globally Amidst Supply Chain Constraints](https://feedsoft.ai/events/33031-diammonium-phosphate-prices-surge-globally-amidst-supply-chain-constraints.md) | +0.9% | +3.9% |

## Sources

- ainvest.com: https://www.ainvest.com/news/mosaic-lowers-guidance-sulfur-prices-bite-2611/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.