USDA’s Ag Outlook Forum is currently underway and Ag Secretary Tom Vilsack has just announced support for a new fertilizer study.
Details on the study will be made later today.
It comes as prices have been skyrocketing, and with the volatility in Eastern Europe, the world is watching to see what Vladimir Putin will do.
Russia is one of the world’s major suppliers of a raw fertilizer ingredient.
Related:
Fertilizer Institute talks on U.S. domestic production of fertilizer
Farmers brace the fertilizer sticker shock storm
Russian invasion of Ukraine causes ag markets to tumble
Russia to ban exports of ammonium nitrate for the next two months