Economy

TFI Releases 2023-2024 Public Policy Priorities

April 29, 2023
Economy, Energy & Environment, Advocacy, Stewardship, Transportation, Press Releases, Research, Safety & Security, Technology, TFI News
ARLINGTON, VA – The Fertilizer Institute (TFI) today released its list of 2023-2024 public policy priorities for working with the Biden Administration, regulatory agencies, and a closely divided 118th Congress.
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Corey Rosenbusch Testifies on Fertilizer Markets and Solutions to House Committee on Agriculture

March 1, 2023
Economy, Advocacy, Political News & Briefings, The Feed
“If there is one thing you take away from my comments, it is this: Fertilizer is a globally traded commodity, subject to international pressures and geopolitical events.” This emphatic statement was made by TFI president and CEO Corey Rosenbusch while testifying at a House Committee on Agriculture hearing on February 28th.
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TFI CEO Rosenbusch Testifies at House Ag Committee Hearing on Agricultural Challenges

February 28, 2023
Economy, Energy & Environment, Advocacy, Stewardship, Transportation, Events, Market Intelligence, Political News & Briefings, Press Releases, TFI News
Arlington, VA – The Fertilizer Institute (TFI) President and CEO Corey Rosenbusch today provided official testimony during the House Committee on Agriculture hearing Uncertainty, Inflation, Regulations: Challenges for American Agriculture.
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TFI: Fertilizer Comes Off the Rails in One Week without Congressional Action

November 7, 2022
Economy, Transportation, Press Releases, TFI News
Arlington, VA – In a letter to Congressional leadership, The Fertilizer Institute (TFI) today again urged Congress to act to avert a potential rail strike that would see fertilizer and fertilizer inputs embargoed roughly five days prior to the inflation worsening strike.
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TFI: America Can’t Afford a Rail Strike, Congress Must Act

September 14, 2022
Economy, Transportation, Press Releases
Arlington, VA – The Fertilizer Institute (TFI) today continued urging agreement between rail carriers and labor groups to avoid an economically catastrophic rail strike and again asks Congress to intervene.
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TFI Urges Speedy Rail-Labor Union Contract Settlement

August 18, 2022
Economy, Advocacy, Transportation, Press Releases
Arlington, VA – The Fertilizer Institute (TFI) today thanked members of the Presidential Emergency Board (PEB) for hearing from both rail carriers and their labor unions and providing measured recommendations on a pending contract agreement between the two. TFI urges all parties to swiftly reach a compromise and contract agreement. Both sides have until Sept.
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Iowa State University Study Can’t Refute that Increased Production Costs and Commensurate Supply Chain Issues Drove Increase in Fertilizer Prices

July 14, 2022
Economy, Market Intelligence, Press Releases, TFI News, The Feed
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.
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TFI Statement on USDA Fertilizer Innovation Initiative

March 14, 2022
Economy, Energy & Environment, Advocacy, Political News & Briefings, Press Releases, Technology
Two out of every five people alive today owe their lives to the use of fertilizer and TFI welcomes initiatives to strengthen domestic fertilizer production including the U.S. Department of Agriculture’s (USDA) $250 million grant program to support the development and production of innovative fertilizers.  
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TFI and NGFA Urge Biden Administration Work with Canada to Ease Supply Chain Strains

March 8, 2022
Economy, Transportation, Press Releases, TFI News
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.
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Statement on Russia-Ukraine Conflict

March 3, 2022
Economy, Energy & Environment, Market Intelligence, Press Releases
TFI is concerned about the destabilizing situation occurring in the Ukraine. Our main concern is the safety of all the citizens in harm’s way. Currently, it is unclear the exact magnitude and how the Russia-Ukraine conflict will affect the already-tight global market for fertilizer, but it will add additional pressure on a market that has already experienced many challenges over the last 18 months.
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