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Ag groups urge U.S. to drop phosphate fertilizer tariffs on Morocco, Russia imports
More than 60 ag groups are asking the U.S. Department of Commerce to revoke countervailing duty orders on imports of phosphate fertilizer from Morocco and Russia.
The groups, including USA Rice, the National Corn Growers Association and American Soybean Association, say maintaining phosphate fertilizer CVDs allows a small number of powerful corporations to continue to limit supply options for U.S. farmers, preventing them from accessing tools for crop production.
The ag groups say access to reliable alternative sources of phosphate supply is important to keeping the U.S. fertilizer market competitive and resilient, and during the next sunset review, the department should remove the taxes.
Fertilizer is one of the biggest expenses on the farm, and there’s a concern about the rising cost, supplies and competition, as well as dependence on global supplies.
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