# Plant City Fertilizer Factory Closes For Good | WUSF

> Mosaic has permanently shut its Plant City fertilizer factory in Florida, which had stopped processing phosphate two years earlier. The company cited a global fertilizer glut that has weakened phosphate prices and pressured its earnings. Mosaic will write off $390 million in closure costs, and cleanup will take years.

- Date: 2019-06-18 · published 2019-06-18T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/58904-plant-city-fertilizer-factory-closes-for-good-wusf
- Commodities: [DAP](https://feedsoft.ai/c/DAP.md), [Phosphate Rock](https://feedsoft.ai/c/PHOSROCK.md)

## Why it matters

The closure reflects weak phosphate pricing from oversupply, so it signals that producers are cutting capacity rather than adding supply. Feed buyers face little direct change, but it may help stabilize phosphate prices over time.

## Read by commodity

- DAP: bullish ▲
- PHOSROCK: bullish ▲

## Sources

- wusf.org: https://www.wusf.org/business/2019-06-18/plant-city-fertilizer-factory-closes-for-good

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