Lawmakers Introduce Bipartisan Bills to Mandate Weekly Fertilizer Price Reporting for Farmers

Fertilizer costs represent 33–44% of corn operating expenses and 34–45% of wheat operating expenses, per USDA data

USDA's current fertilizer price survey is voluntary and conducted once a year — the bill would require weekly mandatory reporting

Four firms control roughly 75% of the U.S. nitrogen fertilizer market; two firms — Nutrien and Mosaic — control ~90% of domestic potash and phosphate production capacity

The U.S. imports over 90% of its potash consumption; Canada supplies roughly 79–87% of those imports, now subject to a 10% tariff

Congress established mandatory weekly price reporting for cattle, swine, and lamb in 1999 — the fertilizer bill applies a similar transparency model to farm inputs