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NCGA asks Mosaic to withdraw petition as trade court to consider brief
The National Corn Growers Association and other ag groups are asking Mosaic company to withdraw their petition that led to tariffs on Moroccan, and later, Russian fertilizer imports, as the U.S. Court of International Trade this week said it would review an amicus brief submitted by the groups.
NCGA president Chris Edgington says executives at Mosaic can remove “this financial burden” (for farmers) by withdrawing the petition to put tariffs of more than 19% on Moroccan phosphate imports.
But, Mosaic’s Ben Pratt has told Brownfield the fertilizer price increases have little to do with countervailing duties on Russian and Moroccan imports and are much more about supply and demand. He says they understand farmers’ frustrations but fertilizer prices are elevated all over the world.
Pratt says China’s ban on phosphate exports is greatly impacting the market.
Mosaic feels for growers but doesn’t set prices
