March 03, 2021

Soy farmers seek to protect phosphate choices

From American Soybean Association

WASHINGTON — The American Soybean Association has filed joint comments to the U.S. International Trade Commission regarding a petition lodged by the Mosaic Company to enforce countervailing duties on Russian and Moroccan imports of phosphate fertilizer.

Kevin Scott, ASA president and soybean farmer from Valley Springs, South Dakota, said, “We believe countervailing duties on these imports will have a negative impact on the availability of phosphate fertilizer in the United States and, in turn, adversely affect crop production and farmer livelihoods.”

Phosphorus is one of several main macronutrients necessary for plant growth and is vital to crop production. Adequate levels of phosphorus in the soil benefit early season root development and help provide the energy crops need to maximize growth and production. Phosphate fertilizers are widely used by soybean, corn, cotton and other crop producers throughout the United States.

Mosaic’s petition in support of countervailing duties is not in the best interest of a healthy U.S. agriculture marketplace, jeopardizing domestic availability of phosphate fertilizer and reducing the competition and choices available to farmers.

ASA joined National Corn Growers Association and National Cotton Council of America in filing the comments to USITC Feb. 17.

The American Soybean Association (ASA) represents U.S. soybean farmers on domestic and international policy issues important to the soybean industry. ASA has 26 affiliated state associations representing 30 soybean-producing states and more than 300,000 soybean farmers. For more information visit soygrowers.com.