
Freedom Broker downgraded The Mosaic Company from Hold to Sell on November 13, 2026, and raised its price target from USD 17 to USD 18. The broker cited higher sulfur and ammonia costs, which cut third-quarter adjusted EBITDA to USD 324 million from USD 806 million, while the realized DAP price rose to USD 838 per tonne.
Sulfur is a key input for phosphate fertilizer, so high sulfur costs squeeze producer margins and can limit DAP supply. Analysts expect cheaper sulfur to ease pressure in early 2027, which points to firm phosphate prices in the near term.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.