Jones Act Waiver Key for Farmers in Need of Fertilizer
The Fertilizer Institute (TFI) is applauding the decision to temporarily suspend the Jones Act to support the timely movement of fertilizer across the U.S. as fertilizer supply continues to be impacted by the closure of the Strait of Hormuz as part of the wider conflict in the Middle East.
“This action is especially important given the structural challenges in fertilizer logistics,” says TFI president and CEO Corey Rosenbusch. “The U.S. faces a classic mismatch between demand geography, where fertilizer is needed by farmers, and production geography, where fertilizer is produced. Expanding transportation flexibility can help alleviate that strain.”
By increasing access to additional shipping options, this temporary waiver will help mitigate cargo transportation challenges through greater availability of seagoing vessel port-to-port transportation and support farmers during the critical spring application season.
“It can cost significantly less to ship fertilizer internationally than between U.S. ports, where Jones Act requirements can nearly double transportation costs,” Rosenbusch adds.
The Administration’s effort reflects a recommendation shared by TFI in a March 9th letter to the White House to help address transportation challenges impacting fertilizer availability.
For more, continue reading at tfi.org.