… having a monopoly, if you don't do anything to talk about the options to open in markets, the cost of tariffs. One of the largest input for farmers is fertilizer. Four companies control 61% of nitrogen, 75% of phosphate, 82% of potash markets. meaning just four companies dominate the US fertilizer supply market. Wheat growers from my state have told me they faced an estimated excess of 40 to 100 million dollars annually from these fertilizer prices. (03:10–03:19)
CLAIM
Asserts that four companies dominate the US fertilizer supply market.
This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.
