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Soybean leader hopes urea tariff decision is just the beginning

A member of the American Soybean Association board is pleased with Monday’s ruling against increased tariffs on a form of nitrogen fertilizer.

Ronnie Russell of Missouri tells Brownfield the U.S. International Trade Commission’s decision not to impose tariffs on urea ammonium nitrate from Russia, Trinidad, and Tobago is a win for farmers. “We have been watching this go up over the past several months, but here lately, we’ve seen a little bit of relief in the price of nitrogen, but I think that this is going to additionally help quite a bit.”

Russell says he is hopeful the commission will now review its position on other fertilizer imports, like potash and phosphate.

Soybean leader hopes urea tariff decision is just the beginning

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