AS geopolitical tensions in the Strait of Hormuz disrupt global supply chains, Turkish agriculture is hit hard. Farmers and experts warn that soaring fertilizer costs are now a direct threat to the country’s food security. The Strait of Hormuz serves as a global agricultural artery.
According to data from the International Fertilizer Association, Gulf nations account for approximately one-third of the global export supply of urea and nitrogen-based fertilizers. The maritime instability has hence translated into a swift 30 per cent price surge for Turkish producers since the start of the war, said Halim Orta, an academic at Tekirdag Namik Kemal University and a wheat farmer in Türkiye’s Thrace region.
Orta told Xinhua that the crisis has shifted from a logistical concern to a struggle for survival, adding that the price of urea rose within days from 20 to over 30 Turkish liras (US$0.68) per kg. This agricultural pressure is further compounded by a volatile energy market. While diesel prices stood at approximately 60 liras ($1.35) at the beginning of March.
Xinhua
#TheGlobalNewLightOfMyanmar