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USDA announces $500 million in funding to expand US domestic fertilizer production

By Thomson Reuters Jul 1, 2026 | 10:32 AM

CHICAGO, July 1 (Reuters) – U.S. ​Agriculture ‌Secretary Brooke Rollins on Wednesday ‌announced $500 ​million ⁠in ⁠funds to expand domestic fertilizer ​production after ⁠the ⁠Iran war ​drove up ​prices for ‌the farming inputs.

The funds ⁠will be used to ⁠expand ‌existing ⁠U.S. ​fertilizer ‌plants and ​build new ⁠ones.

(Reporting by Karl Plume in ​Chicago)