NFU Asks For Fertilizer Worth Investigation

The Nationwide Farmers Union (NFU) desires to know what’s behind the rise in fertilizer costs.

“Fertilizer costs have skyrocketed over the previous 6 months, and we wish to know why”, stated Don Ciparis, President of Nationwide Farmers Union – Ontario. “My farm’s fertilizer costs have gone up 144-220% since April 7 to December 13 of final yr. All of that is simply outrageous. We imagine that the one method to unravel these value will increase is for an impartial physique just like the Home of Commons Agriculture Committee to analyze the entire components that contribute to fertilizer pricing in Canada”.

On January thirteenth, Katie Ward, Nationwide President of the NFU, wrote to the Chair of the Agriculture Committee asking for an investigation.

“Positive, we’ve all heard about provide chain issues, and COVID-problems, and comparatively small will increase in the price of pure gasoline. However when farmers expertise these issues our internet revenue goes down, not up,” stated Dean More durable, NFU Manitoba member. “When the fertilizer firms encounter the identical issues, their revenue appears set to double. There’s something fallacious with this image, and it might boil right down to plain previous profiteering.”

Doug Scott, NFU Board member from Alberta additionally weighed in.

“The NFU has beforehand proven how fertilizer firms can manipulate their prices and costs to extend their income on the expense of farmers. The one constant distinction between 2020 to 2021 is that the value of grain went up. It appears apparent that lack of competitors within the fertilizer enterprise permits firms to lift costs to match or overtake commodity costs, no matter their inside value constructions,” he stated. “Fertilizer firms are making windfall income, whereas farmers are going through massively elevated prices after many didn’t develop a lot of a crop in 2021 due to the drought. This unfairness has to alter.”

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