Home Agriculture Europe Faces Fertiliser Supply Pressure as Hormuz Disruptions Raise Food Security Concerns
AgricultureBusiness

Europe Faces Fertiliser Supply Pressure as Hormuz Disruptions Raise Food Security Concerns

Share
Farmers protest with their tractors outside the European Parliament in Strasbourg, France, February 6, 2024 [Kate Abnett/Reuters]
Share

Europe is confronting growing concerns over fertiliser supplies following disruptions to shipping through the Strait of Hormuz, a critical maritime route for global energy and fertiliser exports. The supply uncertainty, linked to the conflict involving Iran, has prompted the European Union to introduce emergency measures aimed at protecting agricultural production and limiting the impact Agricultural organizations have warned that prolonged disruptions could increase production costs for crops including wheat, barley, maize, and vegetables. Fertiliser are among the largest input expenses for many farms, and sustained price increases could reduce application rates, potentially affecting crop yields and pushing food prices higher for consumers on food prices

The effects extend beyond Europe. International organizations have warned that developing countries, particularly those heavily dependent on imported fertilisers, could face greater challenges. Higher fertiliser costs may reduce agricultural output in vulnerable regions, increasing the risk of food insecurity and inflation in global food markets.

source. Aljazeera news

Share

Leave a comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Related Articles

Petrol Hits N1,350 as Dangote, Marketers’ Dispute Deepens

By Benson Daniel The price of Premium Motor Spirit, popularly known as...

Pastor Bakare Commissions New Coleman Headquarters

By Benson Daniel Senior Pastor of Citadel Global Community Church, Pastor Tunde...

25,000 MSMEs to Benefit from Zoho’s N20bn Digital Support

By Benson Daniel About 25,000 Micro, Small and Medium Enterprises across Nigeria...

All On’s $4m Mini Grid Projects to Electrify 19 Communities

By Benson Daniel All On and Energise Africa have committed a combined...