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Balanced Reporting. Trusted Insights.
Tuesday, May 24, 2022
In this opinion piece, Bob Young discusses how recent government intervention and protectionist tariffs are driving up fertilizer prices for U.S. farmers.
The Commerce Department issued a preliminary finding Tuesday that imports of urea ammonium nitrate solutions (UAN) from Russia and Trinidad and Tobago were sold into the U.S. at below market prices, paving the way for anti-dumping duties and drawing the ire of farmers that need affordable fertilizer.
Fertilizer prices have risen quickly and the National Corn Growers Association is warning that new tariffs on imports could make the situation even worse for farmers.
Fertilizer imports from Russia and Trinidad and Tobago are likely harming U.S. industries, according to a new finding released Friday by the International Trade Commission.
The American Farm Bureau Federation is sounding the alarm over potential duties on fertilizer imports from Russia and Trinidad and Tobago, two major suppliers being investigated by the U.S. government over claims of market-distorting subsidies.
