"[Rising fertilizer costs] could potentially curb cereals output by 30 million tons, enough to feed 100 million people."

After the publication of our Soaring Fertilizer Prices article in December, the Wall Street Journal and Bloomberg reached out to IFDC for expert views on the global impact of rising fertilizer prices. IFDC was happy provide several statistics for the articles, 'Farms Are Failing' As Fertilizer Prices Drive Up Cost of Food and Surging Fertilizer Prices Set to Exacerbate African Food Crisis.

As the Wall Street Journal notes, "High fertilizer prices are weighing on farmers across the developing world, making it much costlier to cultivate and forcing many to cut back on production." As our fertilizer market experts continue to monitor prices, IFDC continues supporting governments and regional economic communities to mitigate impacts and sustain farm production & food security.