The Fertilizer Institute president and CEO Corey Rosenbusch will testify Tuesday before the Senate Committee on Agriculture, Nutrition, and Forestry during a hearing titled, “Perspectives on the Fertilizer Industry: Ensuring a Stable and Affordable Supply for American Producers.”
Rosenbusch will testify that the U.S. fertilizer industry supports market transparency and continued efforts to provide farmers and policymakers with timely and reliable information about fertilizer markets and supply chains.
“Farmers are facing economic pressures and uncertainty across agricultural markets,” said Rosenbusch. “The fertilizer industry is proud to work every day to ensure growers have access to the fertilizers they need, exactly where and when they are needed. Improved data sharing and market visibility can better inform farmer decisions while also strengthening supply chain resiliency.”
Rosenbusch’s testimony highlights TFI’s longstanding support for establishing a Crop Inputs Economist within USDA’s Office of the Chief Economist to provide independent and consistent analysis and reporting on fertilizer and other crop input markets.
Rosenbusch’s testimony also underscores the highly competitive nature of the U.S. fertilizer industry and the importance of maintaining a strong domestic production base while recognizing the realities of a global marketplace.
“The United States is one of only three countries with 20 or more fertilizer producers, and American companies compete fiercely with both domestic and global suppliers,” Rosenbusch continued. “At the same time, fertilizer markets are deeply influenced by global supply chains, geopolitical events, transportation systems, and trade flows.”
Also highlighted in TFI’s testimony is the industry’s continued investment in expanding domestic production, infrastructure, logistics, and innovation to support American farmers and strengthen supply chain reliability.
“Without farmers, there would be no fertilizer industry, and we have the best farmers in the world,” Rosenbusch concluded. “TFI and its members remain committed to working with Congress and the Administration on practical solutions that strengthen domestic production, improve supply chain resiliency, and support farmers across the country.”
TFI news release


Comments