Fertiliser costs could prolong global food tensions - FAO


  • World
  • Thursday, 09 Jun 2022

FILE PHOTO: A local farm worker unloads Ukrainian-made fertiliser from a truck to use on a wheat field near the village of Yakovlivka after it was hit by an aerial bombardment outside Kharkiv, as Russia's attack on Ukraine continues, April 5, 2022. REUTERS/Thomas Peter

PARIS (Reuters) - Spiralling costs for farm inputs like fertiliser could deter growers from expanding production and worsen food security in poorer countries facing record import bills, the United Nations' food agency said on Thursday.

An index of input costs for farmers was running at a record high and had climbed more steeply than food prices in the past year, suggesting low prices in real terms for many farmers, the Food and Agriculture Organization (FAO) said in a report.

Save 30% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 9.73/month

Billed as RM 9.73 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 8.63/month

Billed as RM 103.60 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In World

Roundup: EU-Mercosur trade deal faces delay as EU lawmakers send it for judicial review
Crude futures settle higher
U.S. dollar ticks up
Trump says no tariffs next month after agreeing outline of Greenland deal
U.S. tariffs on European countries could slow Latvia's economic growth: economist
Finland's economy shows early recovery signs despite trade-policy uncertainty: Nordea Bank
Roundup: Britain's job market struggles between working rights protection, employment cost hikes
Greenland gov't advises public to stockpile five-day emergency supplies
2nd LD Writethru: European Parliament puts EU-U.S. trade deal on hold over Greenland tariff threats
Chile's miners flag risks in dual oversight of mining, economy ministries

Others Also Read