USDA is backing eight projects designed to increase domestic fertilizer production and improve the infrastructure needed to move fertilizer to farmers. Agriculture Secretary Brooke Rollins said the projects are part of the $500 million Fertilizer Investment and Expansion for Long-Term Domestic Supply program. “Our goal in that program is to support shovel-ready, financially viable projects to expand American fertilizer manufacturing, storage, transportation and critical infrastructure,” Rollins said. The eight projects represent more than $1.34 billion in proposed investment. USDA estimates the projects could increase U.S. nitrogen production 3.7 percent and potash production nearly 40 percent once fully operational. USDA’s economic analysis projects nitrogen fertilizer prices could decline 4.4 percent and potash prices 5.3 percent.
