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S4152119th CongressWALLET

Fertilizer Transparency Act of 2026

Sponsored By: Senator Thune, John [R-SD]

Introduced

Summary

Creates a mandatory, USDA-run fertilizer price reporting system to publish timely weekly prices and quantities for nitrogen, phosphorus, potassium and fertilizer products. It pairs national and regional dashboards and a weekly retail survey with confidentiality rules so farmers and market participants get clearer market signals without revealing individual business data.

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  • Farmers and market participants will see weekly national and regional price and quantity data plus retail price estimates to help with buying and selling decisions.
  • Manufacturers and wholesalers (not including cooperatives) must report at least weekly the prices and quantities of N, P, and K and fertilizer products. The bill defines affiliates as owners with at least 5 percent voting securities and treats entities at least 25 percent owned by a cooperative differently.
  • The Department of Agriculture will aggregate data to protect confidential information, may run competitive effects analyses, and must review reporting at least every two years and update reporting rules after public notice and comment if needed.

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Bill Overview

Analyzed Economic Effects

3 provisions identified: 2 benefits, 0 costs, 1 mixed.

Keeps antitrust enforcement intact

This bill would state that nothing in the fertilizer reporting section changes or weakens antitrust laws. It would explicitly include the Clayton Act definition and, where applicable, section 5 of the FTC Act in that protection.

Weekly fertilizer price dashboard

This bill would create a weekly retail fertilizer price survey and a public dashboard with state and regional estimates and local price formulas. The Secretary would publish aggregated manufacturer and retail data at least weekly. Published data would distinguish products marketed by domestic manufacturers or wholesalers from those marketed by foreign firms. The Secretary could use the reported data to analyze competition in fertilizer markets.

New fertilizer reporting and protections

This bill would require manufacturers and wholesalers (not cooperatives) to report weekly prices and quantities of nitrogen, phosphorus, potassium, and fertilizer products. Cooperatives and most retailers would be exempt from mandatory reporting but could report confidentially. The bill would define key terms, including "affiliate" (5% voting interest) and a cooperative (entities at least 25% owned by a cooperative). Reported data must be aggregated to protect business secrets and identities. The Secretary would review reporting rules at least every two years and could propose new reporting requirements after notice and comment.

Sponsors & CoSponsors

Sponsor

Thune, John [R-SD]

SD • R

Cosponsors

  • Sen. Klobuchar, Amy [D-MN]

    MN • D

    Sponsored 3/19/2026

  • Sen. Grassley, Chuck [R-IA]

    IA • R

    Sponsored 3/19/2026

  • Sen. Baldwin, Tammy [D-WI]

    WI • D

    Sponsored 3/19/2026

  • Sen. Budd, Ted [R-NC]

    NC • R

    Sponsored 4/22/2026

  • Sen. Durbin, Richard J. [D-IL]

    IL • D

    Sponsored 4/22/2026

Roll Call Votes

No roll call votes available for this bill.

View on Congress.gov
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