Farmer concerned with fertilizer, ag input outlook

An eastern Iowa farmer says the price and availability of inputs is one of his biggest concerns after some recent tariff announcements.

Lance Lillibridge tells Brownfield the Commerce Department’s decision to raise tariffs on phosphate imports from Morocco could cause prices to significantly increase.

“There is a lack of competition in the United States,” he said. “Seems to be more and more of a supply chain issue, especially when it comes to phosphate. We’re hearing of people that don’t have phosphate in their warehouses. It’s hard to get, and we’re going to have to use alternative products.”

The U.S. International Trade Commission recently agreed to advance a Corteva Agriscience petition to place anti-dumping and countervailing duties on imports of the herbicide 2,4-D from China and India.

Lillibridge says farmers are already dealing with declining crop values while USDA is projecting record-high farm production cash expenses for 2024.

“It’s a big problem,” he said. “I think everybody should be concerned about it. When you talk about food security and energy, those two things are very powerful. We seem to be losing our grip on those two issues.”

The National Corn Growers Association says the tariffs are expected to compound the ag industry’s economic issues.

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