“A bill 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 under the Agricultural Marketing Act of 1946 requiring manufacturers and wholesalers (excluding cooperatives) to report weekly to the Secretary of Agriculture on prices and quantities of nitrogen, phosphorus, potassium for use as fertilizer, and fertilizer products, with data categorized by domestic versus foreign sources. The Secretary must publish the information weekly on national and regional bases; exempt cooperatives and retailers (except manufacturer-retailers) from mandatory reporting while allowing voluntary confidential submissions; and conduct an optional competitive effects analysis. Additionally, the section directs the Secretary to (1) establish within the Agricultural Marketing Service's Market News program weekly retail fertilizer price surveys, commercially available estimates, and State/regional benchmarks that supplement existing activities; and (2) provide weekly summaries of all data on a public dashboard, directly or via cooperative agreements with agricultural research programs.