US Senators Push Fertilizer Reserve Bill
·
Legislation
Introduced: Senate Democratic Leader
Chuck Schumer (NY) and Agriculture Committee Democrat Amy Klobuchar (MN)
introduced the Strategic Fertilizer Reserve Act.
·
Purpose:
To shield farmers from fertilizer price spikes caused by tariffs, energy costs,
and war-related disruptions.
·
USDA
Role:
o
Study feasibility of creating
a Strategic Fertilizer Reserve.
o
Examine size, location, price
stabilization, safety, risk management, and withdrawal protocols.
·
Governance:
If feasible, a Board of Directors with agriculture community representatives
would oversee operations, with regular reports to Congress.
·
Context:
Farmers face a 40% rise in fertilizer costs, higher tariffs, closed markets,
and increasing bankruptcies.
[ABS News Service/24.09.2026]
With
US farmers reeling from the effects of higher tariffs and energy prices, Senate
Democratic Leader Chuck Schumer (NY) is introducing legislation to protect
farmers from rising fertilizer prices.
The
bill, introduced with Agriculture Committee ranking Democrat Amy Klobuchar
(Minn), would take steps towards establishing a Strategic Fertilizer Reserve.
“Thanks
to Trump’s affordability crisis, farmers are already operating on razor-thin
margins.
They
shouldn’t also have to absorb a 40 percent spike in fertilizer costs because
Donald Trump plunged the country into another war,” Sen. Schumer said.
“Between
the war in Iran and increased tariffs, rising input costs like fertilizer
continue to erode farmers' profitability,” Sen. Klobuchar added.
The
Strategic Fertilizer Reserve Act would:
Instruct
the Agriculture Department o study the feasibility of
creating a Strategic Fertilizer Reserve, which would protect farmers from
future fertilizer price volatility and supply chain disruptions.
Direct
USDA to examine factors such as size, location(s), price stabilization, safety
and risk management, withdrawal protocols and more.
Establish,
upon a positive finding from USDA, a Board of Directors to oversee the
Reserve’s operations, including representatives from across the agriculture
community and require regular reporting to Congress on the functioning of the
Reserve.
Speaking
on the Senate floor, Sen. Schumer said that farm bankruptcies are increasing
because of the higher tariffs and closed markets that farmers face.