The American Soybean Association applauds President Trump's Executive Order to suspend the countervailing duties on phosphate fertilizer imports. This action provides much-needed relief to soybean farmers and other agricultural producers who continue to face tight margins and high input costs.

"Fertilizer is one of the most significant expenses soybean farmers face each year," said ASA President Scott Metzger, a soybean farmer from Ohio. "Suspending import taxes on this critical farm resource will improve fertilizer availability and help reduce input costs at a time when farmers begin to plan for the 2027 crop while tackling increasingly challenging financial decisions. U.S. soybean farmers thank President Trump and his administration for recognizing the challenges facing America's farmers, identifying targeted solutions to defray farm production costs, and taking meaningful action that will strengthen the agricultural economy.”

ASA has consistently advocated for policies that promote competitive fertilizer markets and ensure farmers have access to the crop nutrients they need at reasonable prices, including a review and repeal of the 2021 countervailing duties. Suspending these duties on phosphate fertilizers imported from the second largest global producer will increase availability and encourage competitive pricing, which ultimately will improve on-farm margins. The association looks forward to continuing to work with the administration and Congress on long-term solutions that support U.S. agriculture, strengthen domestic fertilizer supply, and improve the competitiveness of American farmers.