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Thursday, 30 May 2024

USDA Investing in Domestic Fertilizer Projects

Young corn and fertilizersBy Stockr/DepositPhotos image The U.S. Department of Agriculture (USDA) recently announced it is investing in domestic fertilizer projects to strengthen competition for U.S. farmers, ranchers and agricultural producers. Th…
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USDA Investing in Domestic Fertilizer Projects

Dan

May 30

fertilizer projects
Young corn and fertilizers
By Stockr/DepositPhotos image

The U.S. Department of Agriculture (USDA) recently announced it is investing in domestic fertilizer projects to strengthen competition for U.S. farmers, ranchers and agricultural producers. This funding is designed to create jobs and spur economic growth in rural communities by increasing competition in agricultural markets. 

The Department is awarding $83 million in 12 states for projects through the Fertilizer Production Expansion Program (FPEP). This program provides grants to independent business owners to help them modernize equipment, adopt new technologies, build production plants and more. 

USDA notes these investments will boost domestic fertilizer production, strengthen competition and lower costs for U.S. farmers. The projects will also help U.S. farmers increase independent, domestic fertilizer production. For example: 

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  • In Florida, Cog Marketers LTD, which also does business as AgroLiquid, will use a $4 million grant to build and equip a manufacturing facility in Lake City. The facility is expected to produce 2 million gallons of fertilizer components annually, which will provide domestic fertilizer to more than 200 independent retailers in Alabama, Florida, Louisiana, Mississippi, North Carolina and South Carolina. 
  • In California, 4420 Serrano Drive LLC will use a $25 million grant to build and equip a food waste upcycling facility in Jurupa Valley. The facility uses insects to recycle food waste into an organic nutrient fertilizer. Through this funding, the facility is expected to produce 11,400 tons annually, which will provide domestic fertilizer for approximately 90 producers in the region. 

USDA is also making awards to facilities in Hawaii, Iowa, Illinois, Kansas, Kentucky, Minnesota, North Carolina, North Dakota, Oregon and Washington. 

To date, USDA has invested $251 million in 57 projects across 29 states through FPEP.

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