NASHVILLE, Tenn. (RFD News) — The European Union will temporarily suspend duties on key nitrogen-based fertilizers for one year as global supply concerns continue growing following the conflict involving Iran.
EU leaders say the move is intended to help ease pressure on farmers after disruptions tied to the Strait of Hormuz closure helped push fertilizer prices higher.
Officials also warn global planting conditions are already facing added strain, including reduced wheat planting in Australia and growing concerns surrounding rice supplies across parts of Asia.
The tariff suspension will not apply to fertilizer imports from Russia or Belarus.
Related Stories
Egg production accounted for much of the increase.
Mike Wilson says years of hard work and stewardship helped transform the farm for future generations.
Farm Bureau Economist Dr. Faith Parum joins us to break down what year-round E15 passage could mean for agriculture, energy markets, and the future of renewable fuels in the United States.
Kentucky Farm Bureau President Eddie Melton joins us to discuss fertilizer affordability concerns, Senate Agriculture Committee testimony, and spring planting conditions in Kentucky.
Agri Stats would no longer be allowed to show participant lists, rankings, or “flags,” and it could only report individual company data in narrow situations.
Officials say the tool could give Florida citrus growers another option against a disease that has devastated production for decades.
