News
Trump admin targets fertilizer costs with domestic production, permitting push
U.S. Secretary of Agriculture Brooke Rollins says the Trump administration is moving forward with plans that should help lower fertilizer prices.
“For years American farmers and ranchers have faced high fertilizer prices, not least because of consolidation,” she said. “It’s led to fewer options and higher prices in the marketplace.”
Speaking with reporters from the USDA’s Whitten Building on Tuesday, she said the U.S. will soon bolster domestic production.
“We believe that in short order – in the next year to two years – we could expand, back of napkin, our domestic nitrogen production by more than 30% just in a short period of time, our domestic phosphate production by over 200%, and our domestic potash production by over 100%.”
Rollins points to one project in particular that’s expected to generate 1.4 million metric tons of low-carbon ammonia per year.
“Hopefully soon getting across the finish line to officially permit the CF Industries new world-scale ammonia facility at Blue Point Complex in Louisiana,” Rollins said, “which is expected to be the largest ammonia plant in the world.”
Doug Burgum, U.S. Secretary of the Interior, says the administration has authorized 100 critical mineral permitting projects in the last 15 months.
“Among those four were major fertilizer projects across 130,000 acres that have been opened up in Utah, Idaho, and Nevada,” Burgum said, “unlocking phosphate and potash – the core inputs.”
Rollins says these efforts are expected to help strengthen domestic supply chains, reducing U.S. farmer-reliance on fertilizer from overseas sources.
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Take back the money for Michigan and give it to the potash projects in Utah! Idaho phosphate companies should be a big winner for capital investments in the short term, but the potash in Utah has a more strategic importance due to geopolitical risk in the long term.
I am so excited to see this in the works. The U. S. have become too dependent on foreign imports in a world that does not align with our society’s values and freedoms.