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Wednesday, July 1, 2026

Groups React to Suspension of Countervailing Phosphate Duties

President Donald Trump signed an executive order temporarily suspending countervailing duties applied to imported phosphate. “One of our farmers’ biggest expenses every year is fertilizer, and that’s only been made worse by actions of companies looking to tighten their control of the market,” said Jed Bower, President of the National Corn Growers Association. Farm Bureau President Zippy Duvall said seventy percent of farmers in a spring 2026 survey said they wouldn’t be able to afford all the fertilizer they needed for this season. “Suspending import taxes on this critical farm resource will improve fertilizer availability and help to reduce input costs at a time when farmers begin to plan for the 2027 crop, while tackling increasingly challenging financial decisions,” said Scott Metzger, president of the American Soybean Association. “This action is an important step toward improving access to competitively-priced fertilizer as we look ahead to next year,” said National Sorghum Producers Chair Amy France.