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Requires manufacturers and most wholesalers of nitrogen, phosphorus, potassium, and fertilizer products to report weekly prices and quantities to USDA, and directs USDA to run a weekly retail fertilizer survey and publish summarized data on a public dashboard while protecting confidential business information. Cooperatives and non-manufacturer retailers are exempt from mandatory reporting but may report voluntarily; USDA must distinguish domestic and foreign sources, may analyze competitive effects, and must review reporting rules at least every two years.
The bill increases fertilizer market transparency and useful benchmarks for farmers, buyers, and researchers, but imposes compliance costs, narrows public data access with confidentiality exemptions, and creates risks of sampling bias, trade friction, and antitrust scrutiny.
Farmers, agricultural buyers, and small retail purchasers get weekly, transparent price and quantity data plus regional/state benchmarks for key fertilizer nutrients, enabling better purchasing, planting, negotiation, and budgeting decisions.
USDA, researchers, and market participants receive timely market intelligence through regular retail surveys and Market News integration to support agricultural decisionmaking and research.
Confidentiality protections (data aggregation and FOIA exemption) help protect business-sensitive information and encourage voluntary reporting by cooperatives, retailers, and manufacturers.
Manufacturers and wholesalers face recurring compliance costs to collect and submit weekly price/quantity data, which could be passed downstream and raise fertilizer prices for farmers and buyers.
Confidentiality and FOIA exemptions reduce public access to raw underlying data and limit independent oversight by taxpayers, researchers, and state governments.
Exempting smaller retailers and cooperatives from mandatory reporting may underrepresent local retail prices and create sampling biases, reducing the accuracy of published benchmarks for some regions.
Introduced March 19, 2026 by John Thune · Last progress March 19, 2026