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Stock impact report

Trump Invokes Defense Law on Phosphorus, Herbicide Supplies [Yahoo! Finance Canada]

Mosaic Company (The) (MOS) 
Last mosaic company (the) earnings: 2/19 04:42 pm Check Earnings Report
US:NYSE Investor Relations: investors.mosaicco.com
“The order finds that any interruption of supply of either of these critical materials could leave our defense industrial base and food supply vulnerable to hostile foreign actors,” the White House said in a statement. The order instructs Agriculture Secretary Brooke Rollins to follow up with regulations and other measures to determine the proper allocation of materials necessary to ensure a continued supply of the products, in consultation with the Defense Department. The White House said there is only one domestic producer of both materials, and farmers have warned the administration that the president's tariffs on imported herbicides and fertilizers are driving up the cost of crops. Tampa-based Mosaic Co. is the US's top fertilizer producer, and it makes nearly half of the phosphate-based crop nutrients used by US farmers. Its shares rose as much as 1.9% in after-market trading. Germany-based Bayer AG acquired Roundup pesticide producer Monsanto in 2018, but many US agricu Show less Read more
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