en.Wedoany.com Report on Mar 24th, US bipartisan lawmakers have recently proposed the "Fertilizer Transparency Act," aimed at enhancing price transparency in the fertilizer market to address the impact of rising fertilizer costs on the agricultural sector. The bill is jointly supported by Minnesota Democratic Senator Amy Klobuchar, South Dakota Republican Senator John Thune, Kansas Republican Senator Roger Marshall, among others.

Klobuchar stated in a release: "As rising fertilizer costs and low commodity prices continue to erode farmers' profitability, we should increase price transparency in the current market and boost domestic fertilizer production and storage." The bill would require the US Department of Agriculture to collect and publish fertilizer price data weekly, replacing the existing annual voluntary survey to provide more timely information for market participants.

The issue of fertilizer price transparency highlights challenges facing global agriculture. According to a DTN survey, in the second week of March 2026, the average retail prices for all eight major fertilizers were higher than the previous month, with UAN28 showing the largest increase, up 13% to $464 per ton. Urea prices rose 12% to $674 per ton, and anhydrous ammonia increased 7% to $924 per ton. These price hikes are linked to supply chain disruptions, affecting planting costs for farmers worldwide.

The introduction of the Fertilizer Transparency Act reflects a response to farmers facing higher production costs after three consecutive years of declining income. Farm bankruptcies in states like Iowa, Arkansas, and Nebraska surged in 2025 compared to the previous year. Meanwhile, global supply chain issues, such as shipping disruptions in the Middle East, have further exacerbated supply risks for critical nutrients like phosphate fertilizers.

Bloomberg reported that phosphate fertilizers are crucial for crops like soybeans, and nearly half of the world's sulfur supply comes from the Middle East, making it vulnerable to disruptions in shipping routes. Andy Hemphill of the commodity pricing platform ICIS stated that if conflicts persist, supply chain impacts could "increase exponentially," threatening global food supply. Enhancing fertilizer price transparency is seen as a crucial measure to address such risks.