Phosphate

FTC chairman Andrew Ferguson announced a formal investigation Thursday into fertilizer pricing and market concentration, drawing a standing ovation from farmers representing 18 states.

USDA and the Trump administration have unveiled a long-term fertilizer strategy focused on boosting U.S. production, fast-tracking projects and lowering costs.

As the five-year sunset review begins, corn growers are urging regulators to scrap phosphate duties they say have restricted supply and cost U.S. agriculture $1 billion each year.

Use one or more of these tips to reduce expenses, reallocate resources and build a fertility program that works well for your farm and gives you some peace of mind in the process.

Two global factors could break the trend, while a focus on efficiency could bring short-term opportunities for farmers