Attempting to address shortages created by global demand and Russian invasion.
The U.S. Department of Agriculture (USDA) announced that it will be making $250 million in grants available to develop American fertilizer production. The price of fertilizer has almost doubled since the beginning of 2022. A high global demand for fertilizer combined with limited mineral supply and the price hike created by Russia’s invasion of Ukraine have led the USDA to begin exploring ways to cultivate fertilizer production locally.
“Recent supply chain disruptions from the global pandemic to Putin’s unprovoked war against Ukraine have shown just how important it is to invest in this crucial link in the agricultural supply chain here at home,” said Agriculture Secretary Tom Vilsack, “The planned investment is one example of many Biden-Harris Administration initiatives to bring production and jobs back to the United States, promote competition, and support American goods and services.”
As the Lord Leads, Pray with Us…
- For Secretary Vilsack as he endeavors to support agriculture.
- For USDA officials as they seek solutions to supply shortages of fertilizer.
- For wisdom for the president and his domestic advisors as inflation continues to rise.
Sources: Department of Agriculture
