# Mosaic Plunges in ‘Depressing Day’ for Crop Nutrient Stocks

> Mosaic Co. shares fell the most in nearly six years after investors bet the world's largest phosphate producer was overestimating its prospects. Weather, regulatory and trade disruptions and weaker crop-nutrient prices were cited.

- Date: 2019-05-07 · published 2019-05-07T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/59388-mosaic-plunges-in-depressing-day-for-crop-nutrient-stocks
- Commodities: [Phosphate Rock](https://feedsoft.ai/c/PHOSROCK.md), [DAP](https://feedsoft.ai/c/DAP.md)

## Why it matters

Weaker crop-nutrient prices and sector pressure signal soft phosphate demand expectations, though this is equity-market news rather than a direct supply shift.

## Read by commodity

- DAP: bearish ▼
- PHOSROCK: bearish ▼

## Sources

- bloomberg.com: https://www.bloomberg.com/news/articles/2019-05-07/mosaic-s-forecast-cut-may-not-be-enough-as-prices-fall-bmo-says

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