Economy

Fertilizer prices increased to 10-year highs over 2021 and 2022, leading growers, policymakers and others in the agriculture industry to look for the reason why. Those in the fertilizer industry who experienced the back-to-back-to-back events first-hand that drove prices up over the course of those 24 months are keenly aware of the reasons why, but many outside the industry latched onto something more nefarious: market consolidation and greed.

ARLINGTON, VA – In a March 7 letter to President Joe Biden, The Fertilizer Institute, the National Grain and Feed Association, and 19 other members of the Agricultural Transportation Working Group requested the administration work with the Canadian government to avert a major railway labor strike and to rescind the cross-border vaccine mandate for workers moving essential commerce.

ARLINGTON, VA – In testimony submitted to the House Agriculture Committee on Wednesday, The Fertilizer Institute (TFI) President & CEO Corey Rosenbusch highlighted the global nature of the fertilizer market and its critical role in feeding the world’s growing population.

WASHINGTON, D.C. – The Fertilizer Institute (TFI) today released the Fertilizer Industry Economic Impact Study, highlighting the importance and economic contributions of the U.S. fertilizer industry to the national, state and local economies. The study found that the fertilizer industry contributed over $130 billion and nearly 500,000 jobs to the U.S. economy in 2019.