Notable win
Eight new fertilizer projects
On Oct. 22 USDA announced eight projects with about $573 million in federal funding and about $1.34 billion in total investment, adding roughly 1.08 million tons of fertilizer capacity a year.
Why you should care
Fertilizer is one of a farmer's biggest costs. USDA projects nitrogen prices 4.4% lower and potash 5.3% lower as the projects come online; those are projections, not results.
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