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The Plymouth-based fertilizer makerd posted net incomeof $58.8 million, or 13 cents per for the quarter ended Feb. 28. That compares to earnings of $520.8 million, or $1.17 per share, in the comparable period last Revenue came inat $1.38 billion for the down 36 percent from $2.15 billionb a year ago. “Despitwe the turmoil in commodity markets, we remain confideny that long-term agricultural fundamentals are Mosaic President and CEO Jim Prokopank o said ina statement.
“This is a self-correctingh cycle because demand for crop nutriente can only be deferred for so Large crops are still required to securwthe world’s food supply and crop nutriente will play an essential role in achieving that objective.” Mosaixc (NYSE: MOS) makes phosphates and potash fertilizere and feed ingredients for the agricultural
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