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USDA FIELDS Feasibility Study Guide: The FY 2026 $500 Million Fertilizer Grant Program

USDA Rural Development’s Fertilizer Investment & Expansion for Long-term Domestic Supply (FIELDS) program offers at least $500 million in grants of $15 million to $100 million for new and expanded domestic fertilizer production. Applications are due August 17, 2026 — and every application must include a project-specific feasibility study signed by a qualified independent consultant. This guide covers the program, the application package, and exactly what USDA requires the feasibility study to contain.

Aerial golden-hour view of a modern American fertilizer production facility with process towers, storage domes, and a rail spur surrounded by farm fields
FIELDS targets new, independent domestic fertilizer production capacity — expansions, modernizations, and shovel-ready new facilities that give U.S. agricultural producers more domestic fertilizer options.
Now accepting FIELDS feasibility study orders. Wert-Berater is taking orders for USDA-compliant FIELDS feasibility studies now. Standard turnaround is two weeks from receipt of a complete project file. RUSH orders with delivery in 7 business days are accepted at additional cost. With applications due August 17, 2026, the feasibility study is on the critical path — order early. Schedule a qualification conversation or request a fee quote.

Executive Takeaway

The Fertilizer Investment & Expansion for Long-term Domestic Supply Program (FIELDS) is a USDA Rural Development grant program intended to expand or bring into operation new, independent domestic fertilizer production capacity, so U.S. agricultural producers have more domestic fertilizer options and a stronger supply chain. Eligible projects can include expansions or upgrades of existing facilities and new domestic production facilities.

The FY 2026 Notice of Funding Opportunity (funding opportunity number RD-RBS-26-01-FIELDS) was published July 1, 2026 and makes at least $500 million available, in roughly 10 awards of $15 million to $100 million each, with a 50% match requirement. Applications are due August 17, 2026, 11:59 p.m. ET through Grants.gov — late or incomplete applications will not be accepted.

For applicants, one document deserves special attention: USDA requires a project-specific feasibility study, dated within three years of submission, prepared by and signed by a qualified independent consultant, and acceptable to USDA. The strongest applications treat the feasibility study as the backbone of the application — it must reconcile with the business plan, budget, pro formas, match commitments, and off-take commitments, and it should map directly to USDA’s scoring criteria.

Program Snapshot

CategoryRequirement / detail
Announcement dateJuly 1, 2026 (NOFO publication date)
Application due dateAugust 17, 2026, 11:59 p.m. ET through Grants.gov. Late or incomplete applications will not be accepted.
Funding opportunity numberRD-RBS-26-01-FIELDS
Assistance listing number10.383
Total available fundingAt least $500 million
Award typeGrant / Financial Assistance Agreement
Minimum award$15 million
Maximum award$100 million
Approximate number of awards10
Anticipated award dateDecember 2026 – January 2027
Period of performance1 to 5 years (max 60 months), with up to 24 months of no-cost extensions considered case-by-case
Match requirement50% of total eligible project costs. Example: a $50 million eligible project can request up to $25 million and must provide at least $25 million in match.

Who Can Apply

Eligible entities may include Tribes, Tribal entities, Alaska Native Corporations, for-profit entities, corporations, nonprofits, producer-owned cooperatives and corporations, certified benefit corporations, and state or local government entities. Private entities must be independently owned and operated.

Applicants must operate within the U.S. or its territories, propose a project physically located in the U.S. or its territories, be domestically owned, process manufacture (or plan to process manufacture) fertilizer in compliance with applicable laws, and maintain active SAM registration.

A key eligibility restriction: applicants and their affiliates must not hold market share in production greater than or equal to the entity holding the fourth-largest share for nitrogen, sulfur, phosphate, potash, or any combination of those components. Multiple applications from affiliated applicant entities are not permitted; multiple projects owned by the same applicant should be combined into one application.

Eligible Uses of Funds

Eligible useNotes
New facility construction or purchase of an existing facilityMust expand capacity or increase output; land purchase may be included
Pre-development costsIncludes engineering and other professional fees
Working capitalEligible, but cannot be the primary use of funds
Modernizing or expanding an existing facilityIncludes modifications to existing buildings and construction of new buildings at existing facilities
New or modernized process manufacturing equipmentEquipment tied to fertilizer process manufacturing
Equipment / technology installationMust improve processing functions, worker conditions, or safety
Packaging, labeling, safety complianceSealing, packaging, boxing, labeling, conveying, product-moving equipment, and occupational safety compliance
Fertilizer logisticsDistribution, transportation, and storage to benefit producers; logistics cannot be the primary use of funds

The Application Package

The NOFO checklist requires the following core application materials. USDA cautions that missing required documents can make an application ineligible.

Required itemNotes
SF-424Maximum period of performance is 60 months
Project NarrativeLimited to 20 pages, not including the application template and supporting documents
SF-424ARequired for non-construction projects only
SF-424CBudget information for construction programs
SF-424DAssurances for construction projects
SF-LLLDisclosure of lobbying activities, if applicable
Environmental informationEnvironmental checklist or equivalent required information
Supporting documentsSee NOFO Section 4.2

The project narrative must include an executive summary, applicant information, project information with workplan and budget, land ownership/access, estimated volume increase and units of measure, acreage covered, number of farmers served, and responses to all evaluation criteria. It must also summarize the feasibility study, business plan, and marketing plan — which is why those documents need to exist, and agree with each other, before the narrative is written.

Financial Viability Documents USDA Requires

RequirementDetails
Business planMust support project viability
Historical financialsThree years of balance sheets and income statements; newer applicants submit what is available
Current financialsBalance sheet and income statement dated within 90 days
ProjectionsTwo years of pro forma and projected financial analysis, including balance sheet, income statement, cash flow analysis, and assumptions
Feasibility studyMust be project-specific, recent, signed by a qualified consultant, and acceptable to USDA
Personnel / workforce documentationSource documentation, including resumes for key personnel, construction labor, and operational workforce

The feasibility study must be dated no more than three years before submission, prepared for the specific project, and signed by a qualified consultant. USDA must concur that it is acceptable and adequate.

The Feasibility Study: Seven Required Components

USDA defines a feasibility study as a comprehensive study, including an opinion or finding, prepared by qualified consultants, evaluating the economic, market, technical, financial, and management feasibility of the proposed project or operation — to determine whether it is practical, viable, and likely to succeed. USDA’s FIELDS Feasibility Study Guide identifies seven essential components.

1. Executive Summary

The nature and scope of the project: purpose, location, design features, capacity, estimated capital costs, and a summary of the feasibility determinations for each applicable component.

2. Economic Feasibility

A cost-benefit analysis and detailed information on likely project impacts and expectation for success. USDA wants required inputs addressed — labor, infrastructure, utilities, renewable resources, feedstock, contracts in place or to be negotiated — along with environmental risks, capacity expansion, economic impact, new markets, supply-chain bottlenecks, shock resistance, and impacts on suppliers, customers, and agricultural producers.

3. Market Feasibility

Analysis of current and future market potential, competition, sales or service estimates, and current and prospective buyers or users. USDA suggests addressing competition, target market, end-user analysis, by-product revenue streams, industry risk, pricing, distribution channels, and market share.

4. Technical Feasibility

The reliability of the technology and the delivery of goods or services: transportation, business location, technology, materials, labor, commercial availability, process success record, duplication of results, roads/rail/airport infrastructure, utilities, waste disposal, water quality management, local transportation, material availability, technology age and reliability, and construction risk.

5. Financial Feasibility

Whether the operation will produce sufficient income and cash flow to sustain the project long-term. USDA’s suggested factors include commercial or project underwriting, management assumptions, accounting policies, dependencies on other entities, market-demand forecast, peer industry comparisons, cost-accounting systems, short-term credit availability, adequacy of raw materials and supplies, sensitivity analysis, use of FIELDS grant funds, and other secured funding sources.

6. Management Feasibility

The legal structure, ownership, board, and management capacity — including the organization’s history, the professional and educational background of leadership, and the experience, skills, and qualifications needed to implement the project.

7. Recommendation and References

The study must conclude with the consultant’s explicit opinion and recommendation on whether the project is practical, viable, and likely to succeed — and must include the author’s resume or statement of qualifications, including prior experience.

Mapping the Study to USDA’s Scoring Criteria

A strong FIELDS application does not treat the feasibility study as an attachment. It maps the study directly to the scoring rubric, so every point USDA can award is supported by independent analysis.

Scoring areaPointsWhat USDA is looking for
Financial viability and technical merit25Strong projections, supportable assumptions, demonstrated technology/system track record, project performance evidence, and secured or identified financing
Work plan and budget25Realistic milestones, detailed budget, qualified personnel and service providers, and project risk mitigation
Market demand & opportunities18Validated demand, production capacity, market drivers, commercial linkages, end-user/buyer commitments, applicant market capability, and long-term sustainability
Market impact12Domestic fertilizer manufacturing expansion, producer access, competition, input procurement plan, farmers/acres served, market barriers addressed, and local/regional support
Nitrogen or sulfur products/projectsUp to 5Extra points for process manufacturing of nitrogen- or sulfur-related fertilizer products
Executed off-take agreementsUp to 5Extra points for market readiness through executed off-take agreements
Administrator pointsUp to 10Rural economic recovery, improved access to domestically produced fertilizer, applicants without prior FPEP awards, and geographic diversity

Feasibility Study Must-Have Checklist

Before submission, make sure the feasibility study:

Turnaround & How to Order

Wert-Berater is accepting FIELDS feasibility study orders now. Our standard turnaround is two weeks from receipt of a complete project file — and RUSH orders with delivery in 7 business days are accepted at additional cost. Every study is prepared to USDA’s FIELDS Feasibility Study Guide: all seven required components, an explicit opinion and recommendation, consultant qualifications included, and analysis that reconciles with your business plan, pro formas, and match commitments.

Given the August 17, 2026 deadline, the working calendar is short. The narrative must summarize the feasibility study, so the study needs to be complete before the application is finalized — ordering the study is one of the first moves, not the last.

Conclusion

FIELDS is one of the largest USDA grant opportunities of FY 2026: at least $500 million, roughly ten awards of $15 million to $100 million, and a program purpose — independent domestic fertilizer capacity — that Washington has prioritized. But it is also a compressed, document-heavy competition where an inadequate feasibility study can sink an otherwise fundable project. Treat the study as the backbone of the application: it should directly support the narrative, the scoring criteria, the financial viability section, the market-demand claims, and the risk-mitigation plan.

Preparing a FIELDS application? Wert-Berater has prepared independent feasibility studies since 1998 — more than 4,000 engagements across all 50 states and internationally, evaluating $40.2 billion in project value for SBA, USDA, EB-5, conventional, and institutional financing decisions. We are taking FIELDS feasibility study orders now: standard turnaround two weeks, RUSH delivery in 7 business days at additional cost. Sources for this guide: USDA Rural Development’s FIELDS program page, the FY 2026 FIELDS Notice of Funding Opportunity (RD-RBS-26-01-FIELDS), and the FIELDS Feasibility Study Guide. Related reading: USDA B&I feasibility studies, the 37 factors of 7 CFR 5001, and feasibility study cost. Schedule a qualification conversation.
Donald Safranek, MSc — President and feasibility study consultant, Wert-Berater, Inc.
Donald Safranek, MSc

President, Wert-Berater, Inc. — independent feasibility study consultants since 1998. More than 4,000 feasibility studies completed across all 50 states and internationally, evaluating $40.2 billion in project value for SBA, USDA, EB-5, conventional, and institutional financing decisions. Fiduciary duty runs to the lender and agency in every engagement.

+1 310-857-2443 ext. 800  ·  email  ·  1968 South Coast Hwy, Ste 2382, Laguna Beach, CA 92651 · 111 Town Square Pl Ste 1238 PMB 657834, Jersey City, NJ 07310 · 539 W. Commerce St #8486, Dallas, TX 75208 · 66 W Flagler Street, Suite 900, PMB 12704, Miami, FL 33130

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Independent feasibility studies since 1998 — 4,000+ engagements, $40.2 billion in evaluated project value. FIELDS studies: standard turnaround two weeks; RUSH delivery in 7 business days at additional cost. Fiduciary duty to the lender and agency.

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