Farmers could see a reduction in their fertilizer bills this year. The U.S. Department of Commerce has reduced tariffs on phosphates from Morocco from 19.97% to 2.12%. This is a huge deal for farmers and can mean significant reduction of cost.
News from the National Corn Growers Association: https://ncga.com/stay-informed/media/in-the-news/issue/trade
The National Corn Growers Association's full economic report: https://dt176nijwh14e.cloudfront.net/file/636/PhosphateFertilizers%20PDF.pdf
About Ohio Corn & Wheat
Ohio Corn & Wheat works to create opportunities for long-term Ohio corn and small grain grower profitability. It is a strategic alliance of two checkoffs and one membership-based organization. The Ohio Corn Checkoff and Ohio Small Grains Checkoff work to develop and expand markets, fund research and provide education about corn and wheat, respectively. The Ohio Corn & Wheat Growers Association is a membership organization advocating for supportive public policy on behalf of its farmer members.
For more information, visit ohiocornandwheat.org.
