Sponsors (16)
Introduced March 26, 2026 by Dustin Johnson · Last progress March 26, 2026
The bill increases fertilizer price transparency and local benchmarking—helping farmers and market participants plan and shorten price surprises—at the cost of added reporting burdens and compliance costs, potential competitive and volatility risks from granular public data, gaps if cooperatives are exempt, and modest federal implementation expenses.
Farmers, cooperatives, retailers, and other fertilizer buyers will receive standardized weekly national, regional, and state-level fertilizer price and quantity data, improving their ability to plan purchases, set budgets, and manage price risk.
Market participants (manufacturers, wholesalers, and traders) and buyers gain greater market transparency and price discovery from standardized weekly reporting, which can reduce unexpected price shocks and improve market functioning.
State and regional price benchmarks and published formulas will help local buyers and rural communities estimate and compare local fertilizer costs, improving local decision-making.
Manufacturers, wholesalers, and other reporters face new weekly reporting requirements that increase compliance costs, administrative burdens, and may require upgrades to data systems.
Weekly public publication of granular price data could enable strategic behavior or coordination and may increase price volatility or harm competition, which could hurt farmers and small buyers.
Mandated disclosure of detailed domestic versus foreign marketed amounts may raise competitive concerns for some firms and require system changes to segregate and report that information.
Based on analysis of 2 sections of legislative text.
Requires manufacturers and wholesalers to report weekly fertilizer price and quantity data to USDA and directs USDA to publish national and regional reports, separating domestic and foreign marketed amounts.
Creates a mandatory USDA program requiring fertilizer manufacturers and wholesalers to report weekly price and quantity data for nitrogen, phosphorus, potassium, and fertilizer products. The reported data must be published at least weekly by USDA (nationally and, as appropriate, regionally or statewide) and must distinguish amounts marketed by domestic manufacturers/wholesalers and those marketed by foreign manufacturers/wholesalers. Cooperatives and non-manufacturer retailers are exempt from mandatory reporting but may report voluntarily or confidentially.