# Mosaic (MOS) Q3 2026 Earnings Call: Phosphate Curbs and 2027 Cost Cuts

> Mosaic reported ongoing phosphate production constraints from high sulfur costs, while its potash business generated strong cash on robust global demand. The company is cutting costs and capital spending and expects positive free cash flow in the second half of 2026, with Q4 as the EBITDA trough. It targets 2027 SG&A below $500 million and capital expenditures below $1 billion.

- Date: 2026-11-05 · published 2026-11-05T18:11:14.809Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/82147-mosaic-mos-q3-2026-earnings-call-phosphate-curbs-and-2027-cost-cuts
- Commodities: [DAP](https://feedsoft.ai/c/DAP.md), [Potash (KCl)](https://feedsoft.ai/c/POTASH.md)

## Why it matters

Curtailed US and Brazilian phosphate output tightens DAP supply while sulfur stays expensive, which supports phosphate prices. Firm potash demand also supports potash pricing.

## Read by commodity

- DAP: bullish ▲
- POTASH: bullish ▲

## Sources

- tradingkey.com: https://www.tradingkey.com/news/transcripts/262279625-

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