As a major part of its market study, the attorney general’s office is partnering with Iowa State University agriculture economist John Crespi, director of ISU’s Center for Agricultural and Rural Development, who has agreed to prepare an economic summary of fertilizer markets.
According to a Feb. 25 Farm Progress story, "Attorney general examining high fertilizer costs," "While speaking at the USDA Agricultural Outlook Forum on Feb. 24, Vilsack says high input costs are slightly less of a challenge with higher commodity prices. However, he supports Miller’s actions to see if the fertilizer companies’ current costs are justified and to make sure the industry understands the history as it relates to the price increases in comparison to other time periods with higher commodity prices. Farmers deserve transparency in the marketplace and to have confidence that their input costs are fair and equitable.”
Also covered by:
Bloomfield Democrat, March 1
Ames Tribune, March 1
JD Supra, March 2