Fertilizer prices threaten the plans of European potato growers

Rising tensions in the Middle East have disrupted fertilizer supplies, posing significant risks to potato growers ahead of the season. The main problem is the disruption of logistics through the Strait of Hormuz, through which 20 to 30 percent of global fertilizer exports, including urea, ammonia and phosphates, pass.

This is reported by Mintec.

Analysts note that the cost of fertilizers has increased by more than 30 percent in some cases, and the supply restrictions have come at a critical time before spring planting. In addition to logistical difficulties, the conflict has triggered a rise in the price of natural gas, a key raw material for the production of nitrogen fertilizers.

“This literally could not have happened at a worse time of year,” said StoneX analyst Josh Linville, commenting on the situation with the availability of resources for farmers.

Experts warn that nutrient deficiencies or delays in their application will directly affect potato yields and quality. According to experts, farmers are forced to reconsider their planting plans due to high market volatility and risks associated with energy and logistics costs.

Tags: potato, EU, prices, fertilizers