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CORN GROWERS THRILLED BY SUSPENSION OF PHOSPHATE CVDS


Source: National Corn Growers Association news release

Chesterfield, MO -- President Trump signed an executive order today instituting a temporary suspension of countervailing duties applied to imported phosphate. In response to this development, Ohio farmer and National Corn Growers Association President Jed Bower released the following statement:

"This is such welcome news for corn farmers. Fertilizer represents one of the biggest expenses for farms every year, only made worse in recent years by actions of companies looking to further consolidate their control of the market. Input prices generally have been incredibly high and are a major contributing factor to the profitability picture, or lack thereof, for corn farmers right now. 

"Thank you, President Trump, for recognizing the economic outlook facing American farmers right now and taking steps to alleviate some of that pressure. This is an important step as the sunset review and the anti-trust investigations are taking place."

About NCGA

Founded in 1957, NCGA represents more than 36,000 dues-paying corn growers in 48 states, and the interests of more than 500,000 farmers who contribute through corn checkoff programs in their states. NCGA and its affiliated associations in 27 states work together to help protect and advance corn growers' interests.


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