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AG COMMODITY GROUPS OPPOSE DUTIES ON PHOSPHATE IMPORTS
Agri-Pulse reports:

The American Soybean Association, National Corn Growers Association and National Cotton Council are joining the fray over a U.S. company's efforts to convince the Commerce Department to slap duties on phosphate fertilizer imports from Morocco and Russia. The U.S. International Trade Commission is currently weighing The Mosaic Co.'s claims that they are harmed by subsidized imports. A decision is expected in March.

"We believe countervailing duties on these imports will have a negative impact on the availability of phosphate fertilizer in the United States and, in turn, adversely affect crop production and farmer livelihoods," ASA President Kevin Scott said in a statement after the farm groups filed their joint comments with the ITC.

The Commerce Department has already determined that if the ITC rules in favor of Mosaic, it will levy countervailing duties of 19.97% on imports from Moroccan producer OCP, 47.05% on Russian producers PhosAgro and EuroChem and 17.2% on all other Russian producers.

Commerce set preliminary duties on Moroccan and Russian phosphate fertilizer in November that would be returned if Mosaic loses its case, but companies like OCP had already stopped shipping to the U.S. out of concern they would have to pay the duties.

To read the letter click here.


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