Iowa Corn Growers Applaud Reintroduction of Fertilizer Research Act to the U.S. House of Representatives
Iowa Corn Growers Association President and farmer from Waverly, Iowa, Mark Mueller, released the following statement on reintroduction of the Fertilizer Research Act to the U.S. House of Representatives, which would require the U.S. Department of Agriculture (USDA) to conduct a study on competition and trends in the fertilizer market and their subsequent impacts on fertilizer price:
“The Iowa Corn Growers Association (ICGA) sincerely appreciates Representatives Hinson, Budzinski, Feenstra and Gluesenkamp Perez for honoring our request for a study to review the competition and transparency within the fertilizer industry. Fertilizer prices have continued to rise, putting pressure on Iowa corn farmers who are already facing low corn prices and increased input costs, resulting in slim or even nonexistent profit margins. We need to assess the fertilizer industry to better understand pricing practices, tariffs and the exertion of market power by companies within the industry.
“Iowa Corn is pleased that the Fertilizer Research Act has been reintroduced in both the Senate, by Sen. Grassley and Ernst, and now the U.S. House of Representatives. The continued commitment to highlighting the impact of fertilizer prices on corn farmers does not go unnoticed by Iowa’s corn growers.”
For More Information:
Sydney Garrett, Public Relations Manager, sgarrett@iowacorn.org, 515-225-9242