$500 million grant program to increase U.S. fertilizer production 

todaySeptember 27, 2022 2

share close

$500 million grant program to increase U.S. fertilizer production 

U.S. Ag Secretary Tom Vilsack says a $500 million grant program to increase U.S. fertilizer production will ultimately benefit American farmers.  

“This announcement is designed to increase capacity, increase the amount of fertilizer that’s being produced, and the ingredients for fertilizer being produced in the United States,” he says. “It would make us less reliant on sources from Russia, for example. In doing so the goal is to create a more competitive market which should result in more supply and lower costs for farmers.”

He says the USDA is hopeful applications will come from independent suppliers and not the dominant fertilizer companies.

Written by: Leah Jones

Rate it

Previous post


All eyes on Thursday’s Quarterly Hogs and Pigs report

Rising input costs and demand uncertainties are a couple of the factors that have contributed to liquidation in the US hog herd. Allendale chief strategist Rich Nelson says looking ahead to Thursday’s report one question remains, “whether we’re going to stabilize this herd or start expansion”. University of Missouri’s Scott Brown says he’s also watching to see if sow inventory starts to grow. “We’ve kind of been telling ourselves we’ve been sliding along sideways,” he says.  ...

todaySeptember 27, 2022 4