Florida-based phosphate and potash fertilizer producer Mosaic anticipates limited damage to a production plant near Tampa and minimal disruption to operations in the coming weeks following a brushfire on Monday.
The US phosphate market anticipates Hurricane Milton's Florida landfall later this week will cause further disruptions to regional production as the Tampa area continues to recover from Hurricane Helene.
Potash production resumed this week at major North American fertilizer producer Mosaic's Colonsay processing facility in Saskatchewan, Canada, after the roof collapsed last month.
The US Department of Agriculture (USDA) awarded over $100mn this week across nine states to increase domestic fertilizer production as the effort to make farmer affordability more favorable continues.
As the beginning of September draws near, US phosphate market participants are divided over how much demand at the farmgate will be lost this fall because of unfavorable affordability and limited supply options.
US fertilizer industry group The Fertilizer Institute (TFI) expects US president Donald Trump does not intend to reinstate reciprocal tariffs on imported Canadian fertilizer products after previously commenting he could.
The Government of Quebec extended the validity of Canada-based Arianne Phosphate's development approval for two more years while the emerging phosphate mining company pursues a longer extension request for its project in the Saguenay-Lac-Saint-Jean region.
US fertilizer producer Intrepid Potash is developing a lithium processing project in Wendover, Utah, in partnership with technology firms Aquatech and Adionics.