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Shining Light on Farm & Food Policy for 20 Years.
Saturday, August 17, 2024
The fertilizer industry and a raft of farm groups are backing legislation that would add phosphate and potash to the list of minerals considered “critical” to the national security of the United States, arguing that too much of the world’s reserves of the vital crop inputs is located outside the country and vulnerable to supply shocks.
In this opinion piece, Rep. Dan Newhouse, R-Wash., and Corey Rosenbusch of the Fertilizer Institute discuss the need to designate phosphate and potash as critical minerals.
Eight businesses are set to split $29 million to boost domestic fertilizer production capacity for projects that the Agriculture Department says will have a near-term impact on the 2023 and 2024 crop years.
Kansas Sen. Roger Marshall has introduced a bill to cut restraints on domestic fertilizer production, legislation that the Republican lawmaker aims at getting into the farm bill.
The U.S. fertilizer sector is doing well, buoyed by solid demand and strong commodity prices, but the industry is increasingly concerned about disruptions like low water levels in the Mississippi River and a potential rail strike, says Corey Rosenbusch, president and CEO of The Fertilizer Institute.
The Department of Agriculture is projecting a farm income boost for 2021, but growers are looking ahead to 2022 and worried about the role rising input costs will play in their bottom lines.
The trade association for the nation’s fertilizer producers is adding a cache of members with a slightly different set of interests to its growing organization.
The Trump administration has labeled agriculture as a critical industry in the wake of the coronavirus outbreak, allowing businesses to continue operating as usual amid current and potential restrictions created to stem the spread of the virus.