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Corn farmers again ask Mosaic to raise fertilizer tariffs

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Corn farmers again ask Mosaic to raise fertilizer tariffs

Leaders of the National Corn Growers Association and state affiliates have taken another step by demanding that mosaic companies withdraw high tariff requirements on fertilizer imports. The group says it is the cause of fertilizer shortages and soaring prices for US farmers.

The US International Trade Commission has imposed tariffs on behalf of Mosaic in March. In the letter to the mosaic Last week, corn leaders say the company is using fees to manipulate supply curves that determine farmers’ prices. For example, signatories estimate that a 30% to 70% tariff on phosphate imports is equivalent to approximately $ 480 to $ 640 million in additional fertilizer costs for US farmers.

Last month, NCGA and other ag groups filed Amikas Briefs in a proceeding filed in the US International Trade Court to overturn tariffs, but the ruling in that case is not expected until at least mid-2022.



Corn farmers again ask Mosaic to raise fertilizer tariffs

https://brownfieldagnews.com/news/corn-farmers-again-ask-mosaic-to-lift-fertilizer-tariffs/ Corn farmers again ask Mosaic to raise fertilizer tariffs

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