Mosaic is trading at $22.74, down 4.01%, as concerns that a potential Belarusian potash deal could undermine North American pricing and producer margins pressure shares.
- The pressure is sector-wide: Mosaic and Nutrien previously fell after reports of the proposed deal, not after a fresh Mosaic-specific announcement.
- Broader markets are modestly higher, making potash-sector weakness the more likely explanation for Mosaic’s decline.