Analysis: Mosaic may have won skirmish in fertilizer wars

photoTORONTO/WINNIPEG (Reuters) – Mosaic, a leading North American fertilizer producer, may have won the battle to arrest a plunge in phosphate prices ahead the region’s spring planting season, but it still risks losing the war as overseas capacity surges in the coming years. Production cuts announced on Wednesday by Plymouth, Minnesota-based Mosaic account for only about 12 percent of its quarterly phosphate production capacity and a small fraction of global capacity. …