On April 4th, Mosaic reported that Q3 revenues were up by 68% versus the same quarter a year ago. The company also handily beat analysts' estimates.
The U.S. Department of Agriculture estimated that the 2007 fall corn harvest would be the second largest ever produced. The acres of corn harvested is estimated to be the highest since 1933. The increased demand for ethanol and corn has had a positive effect on many stocks in the agricultural business.