Stories

Thu, 30 Apr 2026

Thu, 30 Apr 2026 Fertiliser boss says war puts 10 billion meals a week at risk

A shortage of fertiliser due to the Iran conflict could reduce crop yields and push prices higher, says the boss of Yara.

* Up to 10 billion meals may be lost per week due to fertiliser shortage caused by Iran war
* Fertiliser shortage will hit poorest countries hardest
* Nitrogen fertiliser production is down by half a million tons globally
* Reduced crop yields could lead to food price increases and bidding wars between richer and poorer nations
* Farmers worldwide face rising energy, diesel, and input costs without corresponding increases in crop prices
* Fertiliser prices have surged 80% since the start of the Iran war
* Increased food costs may be reflected on weekly bills in Europe within months
* Food inflation could reach 10% by year-end, according to forecast.