Iowa Corn Growers Applaud Reintroduction of Fertilizer Research Act

Yesterday, Sens. Chuck Grassley (R-Iowa), Tammy Baldwin (D-Wis.) and Joni Ernst (R-Iowa) reintroduced bipartisan legislation to shine a light on market factors driving the high cost of fertilizer, which is a major expense for farmers. The Fertilizer Research Act would require the Department of Agriculture (USDA) to conduct a study on competition and trends in the fertilizer market and their subsequent impacts on price.
Iowa Corn Growers Association President and farmer from Waverly, Iowa, Mark Mueller, released the following statement:
“The Iowa Corn Growers Association (ICGA) sincerely appreciates Senator Grassley once again honoring our request for a study to review the competition and transparency within the fertilizer industry. Fertilizer prices have continued to increase, putting pressure on Iowa corn farmers who are already faced with low corn prices and increased input costs, making profit margins slim or even nonexistent.
“We need to assess the fertilizer industry to better understand pricing practices, tariffs and the exertion of market power by companies within the industry. This request came directly from ICGA, and Senator Grassley and Senator Ernst’s continued commitment to corn growers is evident with reintroduction of the Fertilizer Research Act.
“Iowa Corn will continue to work with Iowa’s U.S. House Delegation to get a companion bill introduced in the U.S. House of Representatives.”
For More Information:
Sydney Garrett, Public Relations Manager, sgarrett@iowacorn.org, 515-225-9242