# Mosaic Q3 adjusted loss misses estimates as lower volumes, raw material costs cut EBITDA

> Mosaic reported a third-quarter adjusted loss of $0.19 per share, missing analyst expectations of a small profit, while adjusted EBITDA fell to $324 million from $806 million a year earlier. Phosphate sales volume dropped to 1.4 million tonnes from 1.6 million, with curtailments tied to limited affordable sulfur, and Mosaic Fertilizantes volume fell to 1.9 million tonnes from 2.8 million.

- Date: 2026-11-03 · published 2026-11-04T00:16:34.338Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/78660-mosaic-q3-adjusted-loss-misses-estimates-as-lower-volumes-raw-material-costs
- Commodities: [DAP](https://feedsoft.ai/c/DAP.md), [TSP](https://feedsoft.ai/c/TSP.md)

## Why it matters

Sulfur scarcity is cutting phosphate output and raising input costs, tightening DAP supply; Mosaic guides Q4 DAP plant prices of $820-840 per tonne, signalling firm phosphate pricing that pressures feed-ingredient and fertiliser budgets.

## Read by commodity

- DAP: bullish ▲
- TSP: bullish ▲

## Sources

- rallies.ai: https://rallies.ai/news/mosaic-q3-adjusted-loss-misses-estimates-as-lower-volumes-raw-material-costs-cut-ebitda-a80aef78763ba553

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