Really....What an interesting concept.

[farmaholic]

U.S.-based fertilizer producer Mosaic Co said on Wednesday it would cut output of phosphates by up to 400,000 tonnes with rotating plant shutdowns in the first quarter, due to weak demand. Fertilizer producers have seen profits hit by falling prices, triggered in part by weak currencies in importing countries such as Brazil. "The long-term positive outlook for phosphates has not changed, but we are adjusting our production levels to match immediate demand and manage our margins," said Mosaic Chief Executive Officer Joc O'Rourke, in a statement. (REUTERS)

[farming101]

It'll never work. I'm putting another 30 lbs of N on across the board.
Gotta maintain market share.

[dmlfarmer]

talked to an Enbridge pipeline engineer about effects of low oil prices on pipeline utilization. While some oil producers have cut back production due to low prices, more have increased production trying to meet cash flow by increasing production. Guess that is what happens when you are the producer of raw commodities in a competitive marketplace with many producers -like oilmen and farmers.

[malleefarmer]

fickle risk is they lose market share long term and end up losing more money to get it back

[farmaholic]

farming101, Market share of "diminishing prices"?

[farming101]

It's a race to the bottom!

Seriously, Mosaic is the largest producer of phosphate products in the world.
I don't think prices will diminish for very long. They are likely making sure that
their valuable and finite North American mines stay profitable.

[TOM4CWB]

MAllee is right,

If we are in the game... either be all in... or can't and won't be there when the game changes...

Smart marketers were hedged... and averaged the high and low prices...