The U.S. International Trade Commission (ITC) has today rendered a decision that will result in the application of a 19.97% countervailing duty on phosphate fertilizer imports from Morocco.
This decision comes despite the arguments presented by the OCP Group demonstrating that there is no basis for such duties, as well as significant voices opposed to Mosaic’s petition from across American agriculture – distributors, associations and cooperatives - and elected officials in the Senate and House of Representatives. The full details on the decision are expected in April.
Despite this decision, OCP recognizes the supply challenges that American farmers face and is determined to serve them in the future, and will explore the most appropriate options to do so.
Agricultural groups have asked federal officials not to impose countervailing duties on phosphate fertilizers from Russia and Morocco.
OMAHA (DTN) — Leaders from some major commodity groups on Wednesday said farmers would see negative impacts if Mosaic Co. wins a decision to have the federal government place countervailing duties on phosphate fertilizer coming from Morocco and Russia.
Washington, D.C. — The American Soybean Association (ASA) has filed joint comments to the U.S. International Trade Commission (USITC) regarding a petition by the Mosaic Company to enforce countervailing duties on Russian and Moroccan imports of phosphate fertilizer.
To the Editor: The incoming Biden administration has an opportunity in the first days of the administration to lay a marker on their basic trade philosophy -- continue the past administration's protectionism or allow markets to actually work.
Fertilizer is just one of many crop input costs farmers must balance when growing crops, but rising phosphate fertilizer prices due to a dispute between foreign and domestic fertilizer producers has many farmers concerned.
Farmers are paying more for the phosphate fertilizer they need as foreign and domestic producers fight for public opinion on whether the U.S. government should punish imports of the valuable crop production input with duties.
Note: This content is protected. Please sign up for a subscription via Agri-pulse or free trial through the link below to get access.
OCP North America has launched a website to raise awareness about the damage it thinks US farmers could face because of preliminary countervailing duties on Moroccan and Russian phosphate fertilizer imports.
The U.S. International Trade Commission (USITC) is a self-described independent, nonpartisan, quasi-judicial federal agency, that investigates whether alleged unfair trade practices harm our domestic industries.
Stand with U.S. Farmers website launched to raise awareness
New York, NY – December 7, 2020 — OCP North America, a subsidiary of global fertilizer leader OCP S.A., of Morocco, today announced the launch of www.StandWithUSFarmers.com. The new website aims to promote awareness and action in response to the threat to U.S. farmers posed by substantial import duties recently imposed by the U.S. Department of Commerce on imports of the phosphate fertilizers on which American farmers depend.
