US to lower duties on imports of phosphate fertilizers from Morocco
US agricultural groups have welcomed the decision to reduce import duties on Moroccan phosphate fertilizers from 19.97% to 2.12%.
Mosaic USA
The Mosaic Company (NYSE: MOS) is the world’s leading integrated producer and marketer of concentrated phosphate and potash. We employ more than 13,000 people in six countries and participate in every aspect of crop nutrition development. Key figure: Robert L. Lampkins
Founded: 2004 | Number of employees: более 15000
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US agricultural groups have welcomed the decision to reduce import duties on Moroccan phosphate fertilizers from 19.97% to 2.12%.
The bipartisan group argued in a letter that countervailing duties are leaving US farmers at a competitive disadvantage.
The transition is expected to bring fresh perspectives.
The dividend announcement was made by the company's Board of Directors.
Production at the Colonsay mine will be reduced.
Separate enterprises suffered from the hurricane.
The forecast is based on stock levels.
Expensive natural gas keeps prices up.
The US duties have changed the balance of power.
Sales may begin by 2023.
The use of microbes will reduce the need for agrochemicals.
The company claims to reconsider the amount of the duty.
Russian fertilizers pose no problems for American producers.