Unions Claim USDA Overhaul Will Gut Agency

Reuter’s Daniel Wiessner reported that, “a group of unions, nonprofits and U.S. municipalities has asked a federal judge to block the U.S. Department of Agriculture’s planned reorganization, including the relocation of more than 2,500 employees based in the District of Columbia.” “The coalition of plaintiffs said in ​a filing in San Francisco federal court late […]

USDA to Fund $500 Million Expansion of Domestic Fertilizer Production

Reuters’ Karl Plume reported that “U.S. Agriculture Secretary Brooke Rollins announced $500 million in new funding on Wednesday to expand domestic ​fertilizer production after the Iran war drove up prices.” “Fertilizer prices have soared ​since the U.S. and Israel launched the war, as more ​than 30% of global exports were caught in Iran’s near-total closure […]

Fertilizer Prices Drop on US-Iran Peace Deal News

Price indicators for key farm inputs tumbled on Monday following news of the U.S.-Iran preliminary peace deal. The value of urea at New Orleans, a benchmark for North American nitrogen fertilizer, fell about 5% from Friday, or roughly $20, according to Josh Linville, vice president of fertilizer for StoneX. That marks a 53% drop from a high earlier this spring, he says.

Trump Cuts Tariffs on Ag Equipment to 15%

President Donald Trump on Monday moved to reduce tariffs on heating and cooling equipment and certain heavy industrial and agricultural goods, as well as cutting levies on products from abroad made with American metals. The move is the latest by the Trump administration to limit the collateral damage of its trade wars.

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