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USDA IS MEETING WITH AG INPUT PROVIDERS TO LOWER PRICES
Agri-Pulse reports:

Washington, DC -- Agriculture Secretary Brooke Rollins says she is working directly with ag input companies to address rising prices amid mounting warnings over fertilizer supply and ongoing disruptions.

"We want real relief for our farmers," Rollins told Fox News on Saturday. The president, she said, has tasked her with holding discussions with business leaders "to make sure that the farmers are seeing that relief."

The administration is grappling with high diesel and fertilizer prices, which shot up since the onset of the Iran war. Price and supply concerns are looming over planting season and dimming financial outlooks.

"We're now talking about this likely being not just a spring problem, but a fall problem," a fertilizer industry source told Agri-Pulse Friday.

Adding to the challenge is that while U.S. prices have climbed, they have not jumped as high as other countries, creating supply worries.

If fertilizer companies can make more in other markets, the source said, "product is not going to flow here," the source said.

Take note: The administration has already pulled some trade policy levers to try and ease fertilizer price pressures, including waiving some domestic transportation requirements and lifting restrictions on purchases from Venezuela.

People familiar with the situation say officials have also looked into other tools and could still take further trade actions. The administration has weighed lifting countervailing duties on phosphate fertilizer as well as exempting fertilizer inputs from a 10% global tariff - including ammonia, sulfur and sulfuric acid.


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