The European Union will propose a fertilizer strategy draft to prevent a food crisis
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Golden Ten Data, May 14 — According to foreign media reports, the European Union is considering stockpiling fertilizers and providing relief for farmers as one of the measures to address soaring costs caused by the Middle East conflict. The EU regulator, the European Commission, will publish a draft fertilizer strategy next week. The region is heavily dependent on imported natural gas and ammonia to produce fertilizer, and persistently high energy prices are driving up production costs. In a draft strategy, the European Commission stated that the soaring prices may force farmers to reduce fertilizer usage, threatening crop quality and yield. Although European farmers have basically secured fertilizer supply for the spring sowing season, there is still uncertainty regarding fertilizer supply for winter grains planting, which begins in autumn. According to the draft document, the European Commission plans to quickly propose the use of the EU budget to significantly increase agricultural reserves and provide rapid relief to farmers.
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