USDA Announces $500 Million Stimulus For Domestic Fertilizer Production
View Source | October 11, 2022 12:21 pm
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- A new program called the Fertilizer Production Expansion Program will provide $500 million in grants to stimulate fertilizer production in the U.S.
- Grants will be used to support supplying American farmers with “independent, innovative and sustainable American fertilizer production.”
- The USDA announcement sparked intrigue from experts, including Agronomist Emerson Nafziger, who said, “Increase domestic production of fertilizer; that is not a phrase we have ever heard from the federal government.”
- “It’s pretty unusual for the government in the U.S. to try to manipulate supply for inputs like that,” according to Nafziger.
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