Mosaic maintains optimism with the acquisition of Vale Fertilizantes

New York, 31 – Mosaic fertilizer company, of the United States, maintains the optimism for the fertilizer business is worth, even in the face of weaker results than expected for the brazilian company made last month. According to the CFO of the American company, Rich Mack, the Outlook is positive, "especially when viewed through the lens of medium-to-long term."
The Executive admits that "2017 was not a good year for the Valley Fertilizers", although he did add that some of the third-quarter problems have occurred because of unusual events, such as floods and fires. According to Mack, the Mosaic discovered significant reserves which will result from the purchase of the Valley fertilizers, including transportation and raw materials. Source: Dow Jones Newswires