Record-high fertiliser prices in Australia could disrupt food supplies

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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