IFAD Warns That Smallholder Farmers Will Be Hit Hardest by Skyrocketing Fertilizer Prices
Nov 18, 2022
Over the past year, worsening geopolitical and economic conditions have significantly increased input prices and impacted critical industries such as fertilizer. Fertilizer prices had begun surging by the end of 2021, with farmers in some areas reporting that fertilizer costs were up by more than 300% and delivery was rarely on time.
By March 2021, media outlets were reporting that fertilizer prices were at record highs due, in part, to the…
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