WASHINGTON, D.C. (RFD News) — The Trump administration is continuing its efforts to lower fertilizer costs through increased imports and expanded domestic production.
USDA Deputy Secretary Stephen Vaden joined us on Thursday’s Market Day Report to discuss the administration’s latest fertilizer initiatives.
In his conversation with RFD News, Vaden says President Trump’s executive order temporarily suspending countervailing duties on certain phosphate fertilizer imports from Morocco could save U.S. farmers an estimated $1.82 billion while allowing additional fertilizer supplies to arrive within as little as 15 days.
He says USDA’s new $500 million FIELDS program will help accelerate domestic fertilizer production by supporting shovel-ready projects with significant private-sector investment. Vaden says the department is working with other federal agencies to provide funding, remove barriers and help move fertilizer projects forward.
As the nation celebrates America’s 250th birthday, Vaden says the Great American State Fair will showcase agriculture through numerous festivities.
Vaden also encouraged Americans to reflect on agriculture’s role in the nation’s history, saying farmers helped build the country’s economy and remain the foundation of the nation today.
