USDA would study fertilizer prices and market competition

What does this do?

This bill directs the U.S. Department of Agriculture to research and publicly post a detailed report on the American fertilizer industry within one year of becoming law. The report must cover how prices have changed over 25 years, who supplies fertilizer, how the supply chain works, whether market concentration has led to unfair pricing, newer technologies, industry regulations, and whether more public price reporting would help buyers. The report must also include a recommendation to Congress on whether companies should be required to regularly report fertilizer prices at different points in the supply chain.

Who does it affect?

This bill most directly affects farmers who buy fertilizer, fertilizer manufacturers and distributors, and policymakers. Congress and the public are the intended audience for the finished report.

Why does it matter?

The report is intended to give Congress and the public a clearer picture of how the fertilizer market works. This could inform future decisions about rules or requirements affecting fertilizer pricing and reporting.

Where does it stand?