Skip to content

U.S. and Russia: Phosphate Import Duties

Background: Agricultural groups like the American Soybean Association, National Corn Growers Association, and National Cotton Council are speaking out regarding recent claims being made by the Mosaic Co. – a phosphate and potash minerals mining company – that subsidized Moroccan and Russian phosphate fertilizer imports benefit from countervailable subsidies and are at an unfair competitive advantage 

Update: The U.S. International Trade Commission has reviewed these allegations and ruled in favor of Mosaic – clearing the way for duties on phosphate imports.  

ImpactSeveral foreign companies have already halted shipping to the U.S. prior to the decision to avoid having to pay duties without reimbursement. Now that Mosaic’s claims are confirmed, this decision could lead to a decline in competition and availability of phosphorus fertilizer for American farmers, consequently creating higher input costs and straining crop production rates. However, Ben Pratt, senior vice president of government and public affairs at The Mosaic Company, says the recent ruling will impact the price of phosphate but rather encourages fair trade and stability for American-produced phosphate. Time will tell if these words hold true.  

“While many row crop farmers have observed recent increases in fertilizer prices with concern, the greater problem caused by Mosaic’s petition is that these duties are adversely impacting availability of phosphate fertilizer in the United States. Additionally, these duties reduce competition and choice available to farmers in the U.S. marketplace.” 

– Excerpt from the letter sent to the U.S. International Trade Commission

Read the full letter here. 

Related Posts