30 minutes ago
USDA Directs $1.34 Billion Toward Domestic Fertilizer Manufacturing Under FIELDS Program
The USDA has selected eight manufacturing projects under the FIELDS program, mobilizing over $1.34 billion in total investment to increase domestic fertilizer production by 1.08 million tons annually. Backed by $573 million in USDA funding, the initiative is projected to boost domestic potash production by nearly 40% and nitrogen output by 3.7%, with economic modeling forecasting price reductions of 5.3% for potash and 4.4% for nitrogen.
