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Fertilizer Spike Hits European Farmers at Heart of Planting

  • Numerous fertilizer plants have shut due to natural gas rally
  • Rising energy costs risk compounding global food inflation
Migrant Workers Harvest Asparagus
Photographer: Chris Ratcliffe/Bloomberg
Updated on

Surging fertilizer prices have European farmers questioning whether to curb their planting plans. 

Crops of winter wheat and barley are being sown just as numerous nitrogen fertilizer plants in Europe shut as prices jump for their key feedstock, natural gas. Those fields will require fertilizer when they thaw next year to boost yields and quality. Consequently, soaring nutrient prices risk curtailing output, highlighting how the spike in global energy costs is adding to food inflation.