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- October 12, 202619°
- BIST10012,151-0.94%
- USD49.220.00%
- EUR55.21+0.28%
- GOLD4,192.60-0.56%
- INTEREST37.00%-1.00
- BITCOIN82,900-0.92%
- October 12, 202619°
Iran war raised fertilizer prices
The war in Iran increased global fertilizer prices. Farmers in Senegal are turning to organic compost and biofertilizer options instead of chemical fertilizers.
The war in Iran also hit fertilizer, one of the most basic inputs of agriculture. The global price increase pushed farmers, especially in import-dependent countries, to seek new alternatives. In Senegal, some producers are turning to organic compost, farm manure, and biofertilizer options instead of chemical fertilizers. The rise in prices has further increased costs for farmers planting in the fields. While fertilizer supply in the country has long been dependent on imports, this pressure became more visible after the war. Farmers, especially in rural areas, say it has become harder to find and transport fertilizer. Those turning to organic fertilizer try to reduce dependence on chemical inputs while preserving soil fertility. These methods also carry the hope of easing the cost burden on producers. On the other hand, officials state that sufficient chemical fertilizer has been provided for the current season, but producers in the field report that price and access problems continue. From a global perspective, the war's impact on energy and transportation directly affects the fertilizer market. This situation complicates the planting season not only in Africa but also in many import-dependent agricultural countries.
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