Farmers are celebrating today after the U.S. International Trade Commission ruled against imposing tariffs on imported nitrogen fertilizers. This will include primary suppliers – Russia, Trinidad, and Tobago.
“This comes as a welcome relief,” said National Corn Growers Association (NCGA) President Chris Edgington. “We have been sounding the alarms and telling the ITC commissioners that tariffs will increase input prices to even more unaffordable levels for farmers and cripple our supply. I am so glad they listened.”
Farmers are already facing historic high prices affecting their ability to farm. Even though the U.S. sources domestic fertilizer, they are the third-largest importer worldwide, using over 10.3 percent of the global fertilizers.
CF Industries, one of the country’s major nitrogen producers, filed a petition in late 2021 with the ITC asking the commission to place tariffs on urea ammonium nitrate – a component of liquid fertilizers. Due to shortages and inflation, prices have already increased exponentially since then.
The National Corn Growers’ Association has been a staunch arguer against the tariffs, testifying at ITC’s public hearings and consistently raising a cry with the press saying, “farmers can’t farm with their hands tied behind their backs.” The decision from ITC will take effect immediately, and for now, farmers can sigh relief.