The Mosaic Company (NYSE: MOS) is gaining from healthy demand for phosphate and potash and actions to improve its cost structure amid headwinds from weaker fertilizer prices. The company's shares are down 15.5% over a year compared with a 17.4% decline recorded by its industry. Image Source: Zacks Investment Research Mosaic, a Zacks Rank #3 (Hold) stock, is well-positioned to gain from the strong demand for phosphate and potash, aided by favorable agricultural conditions. Attractive farm economics and improved affordability are driving demand for fertilizers globally. Farmer economics remains attractive in most global growing regions on strong crop demand and affordable inputs. Demand for grains and oilseeds remains high along with strong farm economics. Improved farmer affordability due to a pullback in prices of nutrients is also likely to continue to drive demand for fertilizers. Strong demand is expected to support the company's sales volumes. MOS, on its first-quarter call, said that agricultural fundamentals are strong this year and farmers worldwide remain profitable notwithstanding the softening of corn and soybean prices. The expected transition from El Nino to La Nina could ...