RE: $9 billion Market for Organic Fertilizer5 Sep 2022 09:46
Fertilizer Costs Are Surging Again Just as US Farmers Look to Buy
Facing rise in cost of natural gas, plants in Europe are closing, tightening global supplies.
ByElizabeth Elkin+Follow
2 September 2022, 21:09 BST
North American fertilizer prices are spiking as plant closures in Europe squeeze supplies.
An index of weekly North American fertilizer prices by Bloomberg’s analysis organization Green Markets rose by over 11% Friday, the most since March, as an energy crunch in Europe forces some plants to close or curtail production.