Record-high fertiliser prices in Australia could disrupt food supplies
Written by Natasha May from the Guardian
Experts believe farmers may ration use of fertiliser, leading to lower yield and higher global food prices
Surging energy costs and export restrictions from usual overseas suppliers are leading to record high fertiliser prices in Australia, with analysts predicting farmers could be forced to ration its use, potentially disrupting global food supply.
Modelling from Thomas Elder Markets shows the price of fertiliser in Australia is at a record $1,320 per tonne for purchase, freight and discharge.
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Written by Natasha May from the Guardian
Experts believe farmers may ration use of fertiliser, leading to lower yield and higher global food prices
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Surging energy costs and export restrictions from usual overseas suppliers are leading to record high fertiliser prices in Australia, with analysts predicting farmers could be forced to ration its use, potentially disrupting global food supply.
Modelling from Thomas Elder Markets shows the price of fertiliser in Australia is at a record $1,320 per tonne for purchase, freight and discharge.
Continue reading...
Since you’re here …
… we have a small favour to ask. More people are reading the Guardian than ever but advertising revenues across the media are falling fast. And unlike many news organisations, we haven’t put up a paywall – we want to keep our journalism as open as we can. So you can see why we need to ask for your help. The Guardian’s independent, investigative journalism takes a lot of time, money and hard work to produce. But we do it because we believe our perspective matters – because it might well be your perspective, too.
If everyone who reads our reporting, who likes it, helps fund it, our future would be much more secure. Support the Guardian – it only takes a minute. Thank you.