PhosChem Announces Price Agreement For Existing DAP Contract With Indian Customers

   PhosChem Announces Price Agreement For Existing DAP Contract With Indian

PR Newswire

LINCOLNSHIRE, Ill., May 14, 2013

LINCOLNSHIRE, Ill., May 14, 2013 /PRNewswire/ --Phosphate Chemicals Export
Association, Inc. (PhosChem) reached agreement to supply 400,000 tonnes of
diammonium phosphate (DAP) to two large Indian customers for shipment between
now and September 2013. The price is at current market levels.

About PhosChem
PhosChem was founded in 1974 in accordance with the provisions of the
Webb-Pomerene Act and is the export marketing association for its members.
The Act was created to promote U.S. exports. PhosChem is the largest
exporter of concentrated phosphate from North America.  Its member companies
include Mosaic Crop Nutrition, LLC, a wholly-owned subsidiary of The Mosaic
Company (NYSE: MOS), and PCS Sales (USA), Inc., an indirect, wholly-owned
subsidiary of Potash Corporation of Saskatchewan Inc. (TSE and NYSE:

This press release contains forward-looking statements within the meaning of
the Private Securities Litigation Reform Act of 1995. Such statements include,
but are not limited to, statements about future operations. Such statements
are based upon the current beliefs and expectations of management of PhosChem
and its members and are subject to significant risks and uncertainties.These
risks and uncertainties include but are not limited to the predictability and
volatility of, and customer expectations about, agriculture, fertilizer, raw
material, energy and transportation markets that are subject to competitive
and other pressures; international trade risks; changes in government policy;
changes in environmental and other governmental regulation; adverse weather
conditions affecting operations of PhosChem's members, including potential
hurricanes or excess rainfall; actual costs of asset retirement, environmental
remediation, reclamation or other environmental regulation differing from
management's current estimates; accidents and other disruptions involving
PhosChem's members' operations, including potential releases of hazardous or
volatile chemicals, as well as other risks and uncertainties reported from
time to time in the respective reports of PhosChem's members filed with the
Securities and Exchange Commission. Actual results may differ from those set
forth in the forward-looking statements.

SOURCE The Mosaic Company

Contact: Laura Gagnon, The Mosaic Company, 763-577-8213,; or Denita Stann, PCS Phosphate Company, 306-933-8521,
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