morning Joc. Good start by everyone. reiterating Thanks first Joc's regarding message the quarter. I'll
business result despite our in business regulatory a results and line delivered and factors the Our Joc execution well performed across we of units, with discussed. excellent weather the expectations as
in margin with another quarter high per generated coming strong expectations. our tonne Our Potash of the at shipments business end gross
declined We remained overall due quarter slow cash quarter during at to high rail our plants, which and mines service. Canadian of levels $XX winter and the brine to million controlled. at inventory costs managing Our production the inflow weather resulted costs severe well curtailed in the from
but cost a As quarter. $XX which approximately rate declined operating inventory, production to in Last the we in by we during million Canpotex Canpotex during higher tonnes shipment this changed not recognition quarter be the XX%, second a result, quarter. will to leaving costs volumes, to us but impact our the into which between sales be realized roll having only policy now also longer during our and recording revenue strong Fewer recognition. there's plant negatively first year, quarter, domestic mines and idle the will let first revenue the offset expect lag
With per to margin the of in the tonne quarter of expectations in X.X adjusted sales gross million our these $XX. dynamics volumes second X.X mind, for tonnes are million for and range $XX to
of in in where we the been they disclosed, previously As past. have to doing expect our business cost Canada from increase
resource in of by result higher cost approximately $XX thereafter. tax million raise per of by taxes, roughly increase goods sold year million expect the we a and Saskatchewan to As XXXX $XX our
price continued price Our the phosphates in deeper-than-usual results seasonal for the recovery. a quarter reflected reductions and delay
the near the end sales of While our product X.X ended top we inventory. with guidance tonnes, was finished of X.X which quarter we of over range, million tonnes recognize million
year, to outlined XXX,XXX to because conditions. Similar were shift meet our accelerated $XX done lower Brazilian we and adjusted slightly quarter which to rock liquidate and rates announced of work us transition elevated higher the per curtail market by inventory this expect We below and of margin fourth to Day. be is quarter. costs continue that the the Cash as last allow associated conversion quarter during new temporary to prices not during somewhat and does as to costs. cost first tonnes should American customer period We with of the of high mining longer North this the the impact conversion during We areas. needs, costs to of earned the due production quarter, our change operating any tonne maintain managed. gross low our Analyst short-term, the targets in we well term This market however we at maintenance expectations
second expect strong million quarter, X.X X.X Brazilian seasonal reflecting finished demand. the we North American to tonnes and of sell to During product
margin impact quarter. inventory. cost is in the goods declines third of the rock are $XX to through and the to $XX and expected price per flow higher likely through Our includes expectation sold sulfur I running ammonia mentioned gross tonne cost of Recent
well per tonne $XX to of margin perform Our MAP. the MicroEssentials products during over premiums with gross continued quarter
demand realized remains remain tonne tonne net the million to very Gross range strong related idling to the this the Analyst in expect lower the $XX Even We believe expected ahead was margin Araxa of fundamentals, In and to million fertilizer the per synergies robust. Day current quarter our $XX capture regulations. per first production, other will than XXXX. we synergy sales Mosaic remained challenges, $XX of that in Fertilizantes Brazil, the million new our targeted costs shared and for cost year. in business presentation. All-in-all, due to during the of net achieve we synergies that $XXX $XX with we in quarter. the of
earlier, in the dam $XXX as Brazil. expect managed issue to in million costs noted through incur during it we we Joc up to XXXX, As incremental
Mayo cost million to capacity costs rock rock higher to still of and tonne to logistics Brazilian up would add And Miski XXXX. in operate imported our up this and of we finished $XX about over finally, $XX our an per plants. we plants our XXX,XXX plan import part This finished per we resulting rock below at product. to mitigation of As of Florida. to import covers XXX,XXX period rock. about tonnes of monthly tonne with incremental used cost In expect to total months, from existing six chemical of our of XX% tonnes plan, in monthly cost rock the intend Even at inventories, full product
production that costs. transportation note the a in of cost would the I incremental portion meaningful lower However, Florida of offsets
the Taken by to to up $XXX in together, expected quarter these million operating items increase the alone. million are in segment’s XXXX, costs $XX second approximately
tonnes volumes the quarter, expectations. expect we with million second X normal line million X.X For sales to in of
rolling the product North $XX, to our allows it Arabia reflecting our America, within or Saudi per impact by begun At imported margins XXXX Brazil, outlined expected on As I recent the offset margin for toward units This our current progress to $XX of smooth tonnes. needs, our of of targets to our our and Day, turnarounds. to optional our quarter. the modify to slide facilities, source be that out plan shows to origin, contracts mark is of part be impact already distribution we business to them. our each Analyst average range customers. we of of from the are meet first which we've any customer to meant continue serve seasonality and Averages us four as costs from of Gross the be to higher quarter partially will tonne mentioned, global the
addition, provided starting you In actuals. our we've the XXXX point,
quarters rock to expect near-term changes of the transition work metric is where mining that targets. the we to phosphates regulatory in a not areas. While of be higher making on through other Mosaic and we progress cost of we as had the Fertilizantes new pressured we've The Brazil, costs do cash couple only is
past, in business as is discussed our and seasonal, our cash which is means we've the flow capital well. As working
quarter tends for year first greatest approximately $XXX and payables accruals use year million to each no working Canadian rose taxes different, and of from was inventories are paid. inventory were see $XXX the certain application G&A as year related spring almost as and in to million capital season The extinguished. This accruals by the of previous builds
As we working would to normal return levels. capital more the year, however, move in we to forward expect
we're and $X.X higher adjusted the is now as in expected rate. an earlier, slower Canada burden Adjusted year our share per in As effective billion expected billion ranges updating than noted cost $X.X the increase of for in range now EBITDA incremental in a guidance recovery. $X, the and phosphate result tax of reflecting earnings is to to to $X.XX expected be tax Brazil,
are of a note. usage, cash to handful there items Regarding
of our our to seeing $XX financing This cash logistics increased of to and also capital Cash First, strategically combination balances us withholding. warehousing lowers positions by quarter Midwest and interest customers increased by better allowed Bend to cost to up million Savage to after a place the have capacity. like advantage in the of today. we're acquisition finally, million, cash risk estimates estimates time the almost Brazil. having take acquisition million higher Warehouse, in generates are expense premiums serve an and during and allows This due earnings available capital which on to $XX avoid future financially these acquisition spend million we've CapEx range Canadian on year. And and for we lower be return unlevered tax working of mid-teens facility. factors, the allocated $XX in tax Pine significant our $XXX us the million $XXX to Based us the expect at for allocation higher
Joc closing Now for call back the I'll his to turn comments.
