Grassley, Thune Introduce Legislation to Bring Transparency to Fertilizer Prices

Grassley, Thune Introduce Legislation to Bring Transparency to Fertilizer Prices

WASHINGTON - Sen. Chuck Grassley (R-Iowa) joined Majority Leader John Thune (R-S.D.) to introduce the Fertilizer Transparency Act of 2026, bipartisan legislation that would provide American producers with timely and accurate information on prices for fertilizer and fertilizer products in response to longstanding concerns over rising input costs. Grassley is a lifelong family farmer and a member of the Senate Agriculture Committee.

The bill would require the Department of Agriculture (USDA) to collect and publish data on fertilizer prices from manufacturers on a weekly basis. Currently, USDA conducts an annual voluntary survey on the prices that producers pay for inputs.

"Family farmers are suffering under high input costs that are pushing the ag economy to the brink. By requiring weekly reports on phosphorus, nitrogen and potassium, our bipartisan legislation will shine a light on fertilizer markets and promote much-needed transparency and competition in the ag economy," Grassley said.

"South Dakota's producers have been facing some pretty fierce economic headwinds over the past few years," Thune said. "Higher prices for fertilizer - and the uncertainty surrounding costs - have only strained their budgets even further. This legislation would empower producers with better information about fertilizer pricing so they can make cost-effective choices when it comes to purchasing key inputs for their crops."

"The Iowa Corn Growers Association (ICGA) sincerely appreciates Senator Grassley for once again championing support for corn farmers and demanding transparency in the fertilizer industry," said Iowa Corn Growers Association President Mark Mueller, who farms in Waverly, Iowa. "Each year, the fertilizer industry dictates the terms when Iowa corn farmers purchase inputs. We cannot sustain these conditions, and this legislation will bring fairness and transparency to a key input needed by corn growers to produce a high yielding crop. The input price continues to be unbalanced in the cost of production for Iowa's corn growers."

In addition to Grassley and Thune, the legislation is cosponsored by Sens. Amy Klobuchar (D-Minn.) and Tammy Baldwin (D-Wis.).

In September, Grassley and Baldwin reintroduced the Fertilizer Research Act. Their bipartisan legislation would require USDA to conduct a thorough and comprehensive study on competition and trends in the fertilizer market and their subsequent impacts on price.

Click HERE for text of the legislation.

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