Fertiliser

Prime minister cuts fuel security visit to Malaysia short. Follow updates liveGet our breaking news email, free app or daily news podcastAn extra 250,000 tonnes of agricultural-grade urea for fertiliser will come to Australia from Indonesia, under a new deal supported by the federal government.That’s around 20% of the fertiliser needed for the current planting season for Australian farmers, according to the Albanese government.This deal also shows why it’s critically important that we have strong relationships with our regional partners.While this is a commercial deal, the Australian and Indonesian Governments have been working to support this positive outcome … This will mean Australia can continue to play an important role supporting food security in Indonesia and our region at a time of global uncertainty. Continue reading...

Ripple effects of oil and fertiliser shortage felt by farmers in India and Sri Lanka despite governments saying there is enough stock to go roundGurvinder Singh never thought the war in Iran would touch his quiet corner of Punjab.Yet looking out over his smallholding, where he alternates between wheat and rice crops in the state known as India’s breadbasket, the 52-year-old farmer can barely think of anything else. His anxiety over a conflict playing out thousands of miles away is crippling as he fears what will come of this season’s rice crop. Continue reading...

State and federal leaders due to discuss assistance for business sectors but petrol rationing not expected to find backingFollow our Australia news live blog for latest updatesGet our breaking news email, free app or daily news podcastFarmers say the federal government must help them with tax breaks and underwriting fertiliser purchases to survive the fuel crisis, with Monday’s national cabinet expected to discuss more assistance to businesses amid ballooning petrol prices.Federal and state governments have remained tight-lipped about what would be on the meeting’s agenda but state premiers have urged the Albanese government to take a stronger national coordination role in the crisis. Continue reading...

Yara’s Svein Tore Holsether says it would be ‘catastrophic’ if the strait of Hormuz was closed for a year The boss of one of the world’s largest fertiliser companies has said global food supplies could be badly damaged this year if the Iran war becomes an extended conflict.Svein Tore Holsether, the chief executive of Norway’s Yara International, has called on global leaders to consider the impact that soaring food prices will have in some of the world’s poorest countries “before it is too late”. Continue reading...