Becca Bassonin, Secretary-General of the Cuba-Kogica, which represents farmers and agricultural cooperatives in the European Union, said that the consumption of fertilizers in the agricultural sector in Europe may decline by 10% annually due to the farmers’ failure to buy fertilizers as a result of high prices.
Bloomberg news news agency quoted Sonin as saying that most farmers intend to reduce the quantities of fertilizers they use and turn into less consuming nitrogenous fertilizers in an attempt to reduce the cost of production, adding that this can lead to a decrease in the area of wheat cultivation as it is a dense crops consuming nitrogen fertilizers.
Bassonin pointed out that fertilizer stocks are currently much less than their usual levels in previous years, after farmers drained reserves in the last agricultural season when the prices of agricultural supplies increased.
Because of the high prices of fertilizers, it has become difficult for farmers to reinstall their stocks, with the need for new supplies to meet the demands of the spring season, and despite the decline in fertilizer prices from their record levels recorded last April, the price of ammonia in Europe is still more than $ 1100.
Sonin accused fertilizer manufacturers of continuing to gain gains from high prices so that farmers are no longer able to bear these prices..
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