USDA Adds $400 Million to Domestic Fertilizer Production Grant
U.S. Department of Agriculture Secretary Tom Vilsack announced this week that USDA has increased the innovative domestic fertilizer production grant.
In 2022, USDA made $500 million available under the Fertilizer Production Expansion Program to spur domestic competition and combat rising fertilizer costs caused by the war in Ukraine. The Department received applications from more than 350 businesses seeking to increase fertilizer production.
Due to the strong demand for funding, the Commodity Credit Corporation is providing up to $400 million in additional FPEP funding to finance even more projects that will promote competition in agricultural markets.
IFCA will notify members when the application window reopens.
In 2022, USDA made $500 million available under the Fertilizer Production Expansion Program to spur domestic competition and combat rising fertilizer costs caused by the war in Ukraine. The Department received applications from more than 350 businesses seeking to increase fertilizer production.
Due to the strong demand for funding, the Commodity Credit Corporation is providing up to $400 million in additional FPEP funding to finance even more projects that will promote competition in agricultural markets.
IFCA will notify members when the application window reopens.