CommoditiesAugust 25 at 03:24 AM

Mosaic (MOS) predicts a phosphate shortage in Brazil starting in September, citing waning domestic stockpiles, CNN Brasil reports citing an executive

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Mosaic projects severe Brazilian phosphate shortages and demand reductions driven by surging sulfur costs, idled production facilities, and tightened domestic inventories.

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MOSThe Mosaic Company$24.05Current price

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Mosaic (MOS) predicts a phosphate shortage in Brazil starting in September, citing waning domestic stockpiles, CNN Brasil reports citing an executive

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Mosaic (MOS) predicts a phosphate shortage in Brazil starting in September, citing waning domestic stockpiles, CNN Brasil reports citing an executive

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What do investors think?

Today's market highlights

Pakistan has reported "significant progress" in high-level diplomatic talks held in Tehran, aimed at de-escalating the ongoing US-Iran war, Iran's Press TV reports

A senior Iranian official told Al Jazeera journalist that the talks with [Iran and] Pakistani Field Marshal Munir were constructive, with useful ideas exchanged, "though no messages were passed in either direction"