Slide 1: Mosaic's 3rd Quarter Fiscal Year 2008 Earnings and Conference Call
Mosaic’s 3 rd Quarter Fiscal Year 2008 Earnings and Conference Call Friday, April 4, 2008 Jim Prokopanko, President and CEO Larry Stranghoener, EVP and CFO Mike Rahm, Vice President - Market Analysis and Strategic Planning Christine Battist, Director - Investor Relations Exhibit 99.2
Slide 2: Safe Harbor Statement
Safe Harbor Statement Certain statements contained herein constitute “forward-looking statements” as that term is defined under the Private Securities Litigation Reform Act of 1995. Although we believe the assumptions made in connection with the forward-looking statements are reasonable, they do inv
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Slide 5: Estimated Potash Annual Capacity by Year (Includes Esterhazy Toll Agreement Capacity)
Estimated Potash Annual Capacity by Year (Includes Esterhazy Toll Agreement Capacity) - The projected annual capacity includes approximately 1.3 million tonnes (as shaded in blue) that we currently produce under a third party tolling agreement at Esterhazy. This agreement will expire within the next
Slide 6: Financial Guidance
Financial Guidance 4th Qtr FY 2008 FY 2008 Phosphate Sales Volume 2.2 - 2.4 million tonnes 8.9 - 9.1 million tonnes DAP Selling Price $710 - $730 / tonne Potash Sales Volume 2.2 - 2.4 million tonnes 8.4 - 8.6 million tonnes MOP Selling Price $305 - $325 / tonne Equity Earnings $27 - $37 million $115
Slide 7: World Grain and Oilseed Production/Use
Grain Use CAGR 90-03 03-07 1.3% 2.5% World Grain and Oilseed Production/Use Grain and oilseed use has grown 10% or 237 million tonnes during the last four years. That is a compound annual growth rate (CAGR) of 2.5% -- almost double the pace from 1990 to 2003. World Grain and Oilseed Production and U
Slide 8: World Grain and Oilseed Stocks
World Grain and Oilseed Stocks Grain and oilseed stocks are projected to decline 39 million tonnes to less than 370 million tonnes at the end of the 2007/08 crop year. Stocks as a percentage of use will drop to the lowest level in recent history. World Grain and Oilseed Stocks Mil Tonnes 14% 16% 18%
Slide 9: Increasing Middle Class in China and India
Increasing Middle Class in China and India China – Middle Class Growth from 130 million in 2005 to 690 million in 2025 India – Middle Class Growth from 50 million in 2005 to 580 million in 2025 Almost 1.1 billion people are projected to join the middle class in China and India by 2025 Source: McKins
Slide 10: Crop Pricing
Crop Pricing Hard Winter Wheat / Soybean / Corn Price Daily Close of the Nearby CBOT Futures Contract 1.50 3.50 5.50 7.50 9.50 11.50 13.50 15.50 $ BU Corn Soybean Wheat Source: CBOT & KCBOT
Slide 11: Extraordinary Growth From 2006 to 2008
Extraordinary Growth From 2006 to 2008 Global phosphate use is projected to increase 13 percent or 4.7 million tonnes P2O5 during the three years from 2006 through 2008. That is a compound annual growth rate 4.1 percent per year and more than double the 1.8 percent rate from 1995 to 2005. Global pot
Slide 12: U.S. Phosphate Rock Production
U.S. Phosphate Rock Production U.S. Phosphate Rock Production 25.0 27.5 30.0 32.5 35.0 37.5 40.0 42.5 45.0 47.5 Mil Tonnes Source: IFA
Slide 13: Cost Pressure From Raw Materials Prices
Cost Pressure From Raw Materials Prices Raw Materials Cost Mosaic vs. Non-Integrated Indian DAP Producer 1,000 1,200 FY 2007 MOS India 2007 Estimate Current MOS Estimate Current India Estimate Source: Fertecon and Mosaic $ MT Ammonia Sulphur Rock Raw Materials Costs for a Non-Integrated Indian DAP F
Slide 14: Mosaic's 3rd Quarter Fiscal Year 2008 Earnings and Conference Call
Mosaic’s 3 rd Quarter Fiscal Year 2008 Earnings and Conference Call