The Fertilizer Institute thanks the U.S. Senate for introducing bipartisan legislation to include phosphate and potash on the final list of critical minerals of the Department of the Interior. TFI says the legislation will recognize the importance of ensuring a strong and sustainable domestic fertilizer supply for American farmers.
“The majority of the world’s phosphate and potash resources are concentrated in only a few countries, leaving them open to supply chain vulnerabilities and geopolitical instability,” says TFI President and CEO Corey Rosenbusch. “The events of the last few years have shown us that food security is national security, and now is the time to change how we talk about these vital resources.”
The U.S. imports about 95 percent of its potash needs, the bulk of which comes from Canada. Only 14 countries in the world produce potash. “This will help us take significant strides toward securing our food supply,” he adds.