“To amend the Agricultural Marketing Act of 1946 to establish a mandatory price reporting program for fertilizer, and for other purposes.”
No CRS summary available for this bill.
This section establishes a fertilizer mandatory reporting program within the Agricultural Marketing Service of the Department of Agriculture (AMS) to provide weekly national, regional, and statewide price and quantity data on nitrogen, phosphorus, potassium, and fertilizer products. The program requires weekly reports from manufacturers and wholesalers (excluding cooperatives) on prices and quantities marketed in the U.S., categorized by domestic versus foreign sources or affiliates; exempts cooperatives and retailers (except manufacturer-retailers) from mandatory reporting while allowing voluntary submissions; and directs AMS to conduct weekly retail price surveys, publish all data weekly, and provide summarized information via a public dashboard accessible to farmers and market participants. (Thus, the program supplements existing AMS input price activities to promote informed marketing and competition in the fertilizer industry.)