The Fertilizer Institute says it’s encouraged by the Biden administration’s efforts to increase domestic fertilizer supply to help quell record prices.
President and CEO Corey Rosenbusch tells Brownfield the U.S. needs to reduce its dependence on imports. “We need to make sure what supply we can generate domestically is maximized and minimize the effects of geopolitical events that are driving so much of this market.”
President Biden announced he was doubling USDA’s investment of $250 million in domestic fertilizer production at a farm visit in Illinois last week.
