Pivot Bio Applauds Senate Agriculture Committee for Examining Fertilizer Supply Challenges Facing American Farmers
Pivot Bio Applauds Senate Agriculture Committee for Examining Fertilizer Supply Challenges Facing American Farmers
Company highlights investments in domestic production, farmer affordability, and supply stability amid ongoing global market volatility
MINNEAPOLIS--(BUSINESS WIRE)--As the U.S. Senate Committee on Agriculture, Nutrition, and Forestry concludes today’s hearing, “Perspectives on the Fertilizer Industry: Ensuring a Stable and Affordable Supply for American Producers,” Pivot Bio, one of the world’s leading innovative agtech companies, applauds the Committee for convening the hearing and for examining the growing challenges facing American farmers amid continued volatility in global fertilizer markets.
Since the conflict in Iran began, Pivot Bio has been leading the way in supporting farmers with increased production and lower prices. The company has expanded domestic production and supply of its nitrogen-fixing fertilizer products, lowered costs and launched a first-of-its-kind three-year pricing and supply assurance program designed to give growers long-term stability in an unpredictable global market.
The hearing comes at a critical moment for U.S. agriculture as the conflict and continued disruption to shipping through the Strait of Hormuz underscore the need for U.S.-based fertilizer solutions and the ongoing concerns about fertilizer availability, pricing volatility, and long-term supply reliability for growers across the country.
“We are incredibly grateful for the focus of this Administration and Congress for their efforts on behalf of the American fertilizer industry, and specifically the needs of American farmers,” said Chris Abbott, CEO of Pivot Bio. “American farmers need reliable, domestically produced solutions that help protect them from volatility outside their control. As Pivot Bio continues to expand our U.S.-based production, we look forward to supporting American farmers, and continuing to be a resource to the fertilizer industry, Congress and the Administration to increase supply certainty and deliver more predictable pricing so farmers can plan with greater confidence now, the 2027 growing season and beyond.”
Pivot Bio’s nitrogen fertilizer products are manufactured in the United States and use microbial technology to deliver a constant source of nitrogen directly to the roots of crops throughout the growing season. Since its founding in 2011, Pivot Bio products have been used commercially by thousands of U.S. farmers across nearly 20 million acres of corn, wheat, cotton, and small cereal grains. By replacing traditional nitrogen fertilizer tied to global energy markets and international shipping routes, the company’s technology offers farmers a more stable and resilient fertilizer solution.
Over the past several years, Pivot Bio has continued scaling manufacturing and distribution infrastructure across the U.S. to meet rising farmer demand while helping mitigate exposure to volatile fertilizer pricing cycles.
About Pivot Bio
Pivot Bio, one of the world’s leading agtech companies, delivers patented crop nutrition technologies that harness the power of nature to help farmers reliably and productively grow the food the world needs in the face of increasing volatility.
Currently available in North America and soon in Brazil, the company’s products represent a breakthrough innovation and one of the agriculture industry’s most promising solutions. Pivot Bio has been recognized three times by TIME magazine on its annual list of best inventions, by Fast Company on its World Changing Ideas and World’s 50 Most Innovative Companies lists, by CNBC on its Disruptor 50 list of private companies, by Fortune on its Impact 20 list and by MIT Tech Review as one of 15 climate tech companies to watch. For more information, visit PivotBio.com.
Contacts
Media contact: media@pivotbio.com
