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MondoThe Guardian (World)10 giorni fa

Fertiliser shortages will have ‘dramatic’ effect on global food prices, warns farming boss

Powerful property and farming firm Grosvenor Group says knock-on effect of Iran war could arrive next yearFertiliser shortages caused by the Iran war have driven up costs for UK farmers by up to 70% and will have a “dramatic” impact on food prices globally next year, according to one of Britain’s most powerful property and farming companies.Mark Preston, executive trustee of the 349-year-old Grosvenor Group, controlled by the Duke of Westminster, said fertiliser “was already quite expensive” before the 50% to 70% surge in prices since the start of the Iran war in late February. Continue reading...

theguardian.com

MondoThe Guardian (World)16 giorni fa

Iran war may cause food shortages in Africa, world’s largest fertiliser firm says

Yara CEO warns of global auction that would leave poorest countries scrambling for supplies they can ill affordThe Iran war could have “dramatic consequences”, causing food shortages and price rises in some of Africa’s poorest and most vulnerable communities, the head of the world’s largest fertiliser company has said.Svein Tore Holsether, the chief executive of Yara International, said world leaders needed to guard against soaring prices and shortages of fertiliser causing a de facto global auction that would leave the poorest countries, particularly in Africa, scrambling for supplies they could ill afford. Continue reading...

theguardian.com

MondoThe Guardian (World)30 giorni fa

Albanese’s visits to key allies have borne early fruits of fuel and fertiliser but ‘resilience’ is on the budget agenda

The prime minister has weathered the crises – for now – and there is a growing recognition that Australia is too vulnerable to world eventsFollow our Australia news live blog for latest updatesGet our breaking news email, free app or daily news podcastAnthony Albanese’s fuel diplomacy tour of Asia has already started paying dividends, but the real test could still be to come.After last week’s rush to Singapore and pulling forward a planned visit, the prime minister dashed back to Australia from Malaysia on Thursday, to survey the damage at one of the nation’s only remaining fuel refineries. The hastily arranged trips, were to show a leader on the job; to demonstrate Albanese’s attention to the fuel crisis. Continue reading...

theguardian.com

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Fertiliser shortages will have ‘dramatic’ effect on global food prices, warns farming boss

Iran war may cause food shortages in Africa, world’s largest fertiliser firm says

Albanese’s visits to key allies have borne early fruits of fuel and fertiliser but ‘resilience’ is on the budget agenda

Australia news live: fertiliser supplies secured; Albanese to visit Geelong refinery after fire

‘India is going to face a food crisis’: Farmers panic over fertiliser shortages amid Iran war

Farmers plead for tax breaks, diesel guarantees and help buying fertiliser as national cabinet meets on fuel crisis

Global food supplies could be badly hit if Iran war drags on, says fertiliser boss