Ernst Seeks Clarity and Certainty on Fertilizer Prices for Iowa Farmers

Bill would require research on fertilizer prices and input markets
WASHINGTON – U.S. Senator Joni Ernst (R-Iowa) is joining U.S. Senators Chuck Grassley (R-Iowa), Tammy Baldwin (D-Wis.), and Raphael Warnock (D-Ga.) in introducing bipartisan legislation to shine a light on market factors driving the high cost of fertilizer, a major expense for farmers. TheFertilizer Research Actwould require the United States Department of Agriculture (USDA) to conduct a study on competition and trends in the fertilizer market and their subsequent impacts on price.
“Fertilizer is an essential tool our farmers rely on to maintain healthy soil and improve crop yields,”said Senator Ernst.“I’m working hard to drive down fertilizer costs and make life more affordable for both farmers and consumers. By gaining a better understanding of the fertilizer industry, this research will provide the foundational knowledge needed to give farmers much needed clarity and certainty as harvest approaches.”
Within one year of the bill’s passage, the Secretary of Agriculture, in consultation with the Economic Research Service, would be required to issue a report on USDA’s website regarding the U.S. fertilizer industry.
Specifically, the report should include:
Read the full billHERE.
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