Farmers Welcome Lower Costs as Key Fertilizers Exempt from Tariffs

Farmers received some more much-needed good news with the announcement that major fertilizers will be immune to tariff rates going forward. StoneX Vice President of Fertilizers Josh Linville says the news only affects urea and phosphate, but is good for farmers, nonetheless. “Urea and phosphate are included, so they are no longer going to have a tariff rate on them. Potash has never been subject to any of it because most comes from Canada, and is part of the North America trade agreement.”