Price of fertiliser soars with food crisis

FERTILISER prices have shot up to record levels as farmers around the world scramble to grow enough to alleviate the world food shortage.

The general manager of distributor AG Plus, Matt Henry, said its two main fertilisers, MAP or monammonium phosphate and DAP or diammonium phosphate, were worth between $420 and $450 a tonne two years ago.


“Then last year they got as high as $780 to $800 a tonne,” he said.

The price is now above $1400 a tonne.

Mr Henry said the price of the raw materials, internationally, had risen steeply: “Australia isn’t a large player in fertilisers globally, so we are really impacted by what happens offshore.”

The Australian