tag:blogger.com,1999:blog-2335748440449035592.post1609832768721458625..comments2008-04-19T06:49:02.253-04:00TraderMarkhttp://www.blogger.com/profile/06241756200482130281noreply@blogger.comBlogger1125tag:blogger.com,1999:blog-2335748440449035592.post-13285075288826095842008-04-19T06:49:00.000-04:002008-04-19T06:49:00.000-04:00MOS Still more room for growth!!!<BR/><BR/>From CNBC Fast Money on 4/18/08.<BR/><BR/>Investors should listen carefully, Phosphates "still more room to grow." There is a significant difference between phosphates and potash that the market does not comprehend. The herd is following POT, however MOS is the ag play at this time. DAP prices are significantly outpacing prices for potash.<BR/><BR/>Do ag stocks really have room to grow? Find out from Mosaic<BR/>Mosaic Co<BR/><BR/>At what point do you worry about the rising costs of raw materials?<BR/><BR/>“I will worry when we can’t raise the price of fertilizer beyond the prices of the raw materials. Right now the demand for fertilizer has allowed us to raise prices and pass along the costs,” replies Prokopanko. “The demand remains strong. As world food demand grows it’s all we can do to keep up with the surge in demand.”<BR/><BR/>The phosphate portion of your business grew 82% year over year. Can you maintain that rate of growth?<BR/><BR/>“There’s still more room and we’re showing considerable improved performance in revenues and mining operations,” replies Prokopanko. “There are only so many places you can get phosphate fertilizer or potash fertilizers. We sell our product to 66 different countries. In fact, there are people lined up to take our product. This year we don’t have enough product in North America to supply all our customers here.”dhttp://www.blogger.com/profile/08500359981802753931noreply@blogger.com