Source: Illinois Farm Bureau
U.S. fertilizer production took another hit this last week as 140 workers were laid off at a Mosaic Co. phosphate mine in Florida.
The lay-offs stemmed from a legal challenge of Mosaic's attempt to expand its mining operations in Florida. The U.S. Army Corps of Engineers previously issued a permit to Mosaic to expand its mine but the Sierra Club and other environmental groups won a lawsuit that blocked the expansion.
At least 18 companies that do business with Mosaic reportedly could lay off hundreds more workers and lose at least $80 million in revenue if the preliminary injunction becomes permanent.