Groups Ask Companies to Renounce Fertilizer Duties

Sixty-four agricultural groups cited the impact of the Middle East conflict in a letter sent to two of the nation’s largest fertilizer producers, urging them to support the removal of duties on imported phosphate products from Morocco. “The recent Middle East conflict has led to increases in the prices of U.S. fertilizer, regardless of actual impact to the U.S. supply,” read the letter, which was sent to The Mosaic Company and J.R. Simplot. “We strongly urge efforts to lower and stabilize prices by renouncing support of phosphate duties incurred through antidumping and countervailing duty investigations.” In 2020, the Commerce Department, acting on a petition by Mosaic, imposed duties on phosphate fertilizers imported from Morocco and Russia. At the time, Mosaic claimed that unfairly subsidized foreign companies were flooding the U.S. market with fertilizers and selling them at extremely low prices. The petition was supported by J.R. Simplot.

Source: NAFB