Global fertiliser prices have soared and will end up affecting your pocket

Global fertiliser prices have soared and will end up affecting your pocket
14 April 2021 7:46 PM
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The fertiliser price hikes will slowly but surely filter through into food inflation says agricultural economist Dawie Maree.
It's expensive for farmers to produce the food we eat.
Not least in terms of their costs is fertiliser, and international prices are at their highest levels in more than 24 months (except for potassium chloride).
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The driving factors cited by analysts include low stock levels due to Covid-19, rising natural gas prices and
higher crop plantings in the northern hemisphere (with particular demand for nitrogen).

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