# Reducing Mosaic FVE to $40 on Lower Near-Term Outlook | Morningstar

> Morningstar cut its fair value estimate for Mosaic to $40 per share from $44, citing lower expected phosphate prices and weaker Mosaic Fertilizantes profits in 2023. It also expects potash contract prices to fall below $500 per metric ton from $590 in 2022.

- Date: 2023-02-27 · published 2023-02-27T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/37640-reducing-mosaic-fve-to-40-on-lower-near-term-outlook-morningstar
- Commodities: [Potash (KCl)](https://feedsoft.ai/c/POTASH.md), [DAP](https://feedsoft.ai/c/DAP.md)

## Why it matters

Analyst expectations of falling phosphate and potash prices reflect easing fertilizer costs for feed grain producers, though this is an equity valuation rather than a supply event.

## Read by commodity

- DAP: bearish ▼
- POTASH: bearish ▼

## Sources

- morningstar.com: https://www.morningstar.com/stocks/reducing-mosaic-fve-40-lower-near-term-outlook

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