Andy Green, USDA’s Senior Advisor for Fair and Competitive Markets, says the new deadline allows “commenters to provide additional feedback regarding the role of capacity expansion and related strategies to directly enhance competition in the fertilizer market.”
Through the effort, USDA is seeking information on what obstacles exist to financing and developing new fertilizer capacity, expanding fertilizer manufacturing, and what other threats the fertilizer sector faces.
In March, USDA announced plans for a $250 million investment in grants to support additional fertilizer production for farmers to address rising costs and spur competition.
Fertilizer prices have more than doubled since last year.