Social Links Search
Tools
Close

  

Close

NORTH DAKOTA WEATHER

ND Offering Loans for Fertilizer Plants

ND Offering Loans for Fertilizer Plants


North Dakota’s Development Fund has opened loan applications for companies looking to build a fertilizer facility in the state.

"We have one, pretty small, fertilizer plant, which is Dakota Gasification," said State Commerce Director Josh Teigen. He said that plant manufactures only a small fraction of what the state's farmers need.

"What that means is North Dakota farmers are at the end of the supply chain," Teigen said. "Our farmers are paying some of the highest prices in all of the United States for fertilizer."

Teigen said one of the most common ways to make fertilizer is with natural gas. And he said North Dakota has an abundant supply of natural gas.

"We have a huge need to develop a plant here, to reduce some of that supply chain risk for our farmers, and help lower the cost," Teigen said.


Source: prairiepublic.org

Photo Credit: pexels-pixabay


 

NDSU Agriculture and Extension Announce Promotions NDSU Agriculture and Extension Announce Promotions
USDA Launches Historic Partnership with Bipartisan State Attorneys General USDA Launches Historic Partnership with Bipartisan State Attorneys General

Categories: North Dakota, Crops

Subscribe to Farms.com newsletters

Crop News

Rural Lifestyle News

Livestock News

General News

Government & Policy News

National News

Back To Top