Various corn organizations sent a letter to Senate Judiciary Committee Chairman Chuck Grassley and Ranking Member Richard Durbin requesting they call on the Department of Justice to expedite its investigation of the fertilizer industry.
Federal Trade Commission Chairman Andrew Ferguson called for an investigation into the fertilizer industry’s business practices in late May.
The letter from the organizations emphasizes the importance of continued pressure to see the investigation through on behalf of U.S. farmers.
“Announcements and reports of investigations are welcome news, but it will take decisive action to restore free and fair markets so that the same competitive environment farmers face when selling their crops is present when they purchase inputs like fertilizer,” the letter states. “It is critical for multiple strategies to be deployed to make a difference for farmers. Specifically, the DOJ must conduct their review of collusive practices in the fertilizer industry with utmost urgency.”
