The Fertilizer Transparency Act requires fertilizer manufacturers and wholesalers to report their prices and sales quantities to the U.S. Department of Agriculture at least weekly, with the USDA publishing this information to the public on a weekly basis at national, regional, and state levels. The bill also directs the USDA to establish a retail fertilizer price survey and create an accessible online dashboard where farmers and market participants can view current pricing data to make more informed purchasing decisions. Cooperatives and retail fertilizer dealers are exempt from mandatory reporting but may voluntarily submit their pricing information. The legislation includes strong confidentiality protections to prevent the disclosure of individual company business information while still allowing regulators and courts access to the data when needed. The bill aims to increase price transparency and competition in the fertilizer industry, which significantly affects farmers' production costs, without changing existing antitrust laws.
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