# Mosaic swings to Q3 loss as phosphate curtailments weigh on profit

> Mosaic reported a third-quarter net loss of $72 million, or 23 cents per share, versus net income of $411 million a year earlier. Adjusted EBITDA fell to $324 million from $806 million, and adjusted EPS was a loss of 19 cents against a consensus profit of 2 cents. Results reflected lower sales volumes and higher raw material costs in phosphate.

- Date: 2026-11-03 · published 2026-11-04T06:11:06.135Z
- Category: report · region US · magnitude low
- Page: https://feedsoft.ai/events/79248-mosaic-swings-to-q3-loss-as-phosphate-curtailments-weigh-on-profit
- Commodities: [DAP](https://feedsoft.ai/c/DAP.md)

## Why it matters

Phosphate curtailments reduce global phosphate output, which supports fertilizer prices and signals tightness in phosphate supply. The earnings miss is a company-level report with limited direct effect on feed commodity prices.

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DAP | 2021-04-22 | [Our Losing Phosphate Wager - Eos](https://feedsoft.ai/events/47919-our-losing-phosphate-wager-eos.md) | -0.1% | +7.9% |
| DAP | 2025-05-29 | [Platts to make changes to 5 phosphate assessments effective July 3 \| S&P Global](https://feedsoft.ai/events/24996-platts-to-make-changes-to-5-phosphate-assessments-effective-july-3-s-and-p.md) | +1.7% | +4.8% |
| DAP | 2023-02-03 | [Morocco’s Phosphate Exports Hit Over $11 Billion in 2022](https://feedsoft.ai/events/37650-morocco-s-phosphate-exports-hit-over-11-billion-in-2022.md) | -5.5% | -8.6% |
| DAP | 2025-09-01 | [Morocco’s phosphate sector powers ahead with strong growth in production and exports - The Morocco Post](https://feedsoft.ai/events/23219-morocco-s-phosphate-sector-powers-ahead-with-strong-growth-in-production-and.md) | -0.6% | -3.8% |
| DAP | 2021-01-31 | [China’s phosphate industry - BC Insight](https://feedsoft.ai/events/4059-china-s-phosphate-industry-bc-insight.md) | +2.3% | -1.7% |

## Sources

- wallstreetbets.com: https://wallstreetbets.com/news/mosaic-swings-to-q3-loss-as-phosphate-curtailments-weigh-on-profit

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