To address growing concerns about competition in the agricultural supply chain, USDA will also launch a public inquiry seeking information regarding seeds and agricultural inputs, fertilizer, and retail markets.

“Recent supply chain disruptions from COVID-19 to the war in Ukraine have shown us how important it is to invest in this crucial link in the agricultural supply chain here at home,” Ag Secretary Tom Vilsack said.

Fertilizer prices have more than doubled since last year due to many factors. The top producers of the major components in fertilizer include China, Russia, Canada, and Morocco. Belarus also provides a significant share of the world’s potash exports.