Fertiliser Shortage and Agricultural Markets

Topics: Agriculture / Horticulture

Sources: OECD - Organisation for Economic Co-operation and Development

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Fertiliser Shortage and Agricultural Markets

How would a worldwide fertiliser shortage affect agricultural markets?

Fertilisers are crucial for food systems, with far-reaching impacts beyond agricultural markets. New OECD scenarios examine the intricate interplay between fertiliser markets, policies, and their repercussions on agricultural markets, food security, and environmental sustainability over the medium-term.

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The future of fertilisers and food systems

Our latest analysis explores the influence of disruptions in fertiliser supply on global food prices. While short-term interferences in fertiliser supply can be mitigated by existing stocks, one scenario shows that prolonged shortages could increase global food prices by up to 6%, posing long-term threats to food security.

The right agricultural policies can help to secure food prices, while also reducing the sector's carbon footprint. In one scenario, the removal of fertiliser subsidies in India led to reduced domestic use, resulting in decreased agricultural production and exports. As a result, agricultural imports increased.

Although this would cause a modest increase in global food prices, it would substantially cut agricultural greenhouse gas (GHG) emissions, highlighting the pivotal role of domestic policies in attaining global environmental sustainability goals.

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Fisheries subsidies data at your fingertips

Governments typically use a wide range of policies to support their capture fisheries. The OECD Fisheries Support Estimate (FSE) database is a unique source of information on government support to capture fisheries, allowing policy makers and other actors to understand, compare and assess fisheries policies.

Our recent brochure provides more insights on what the FSE contains and what you can do with the data.

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Join the World Seed Congress

The International Seed Federation (ISF) is marking its 100th anniversary, bringing together seed professionals from around the globe for business discussions, innovative exhibitions, engaging panel sessions, and valuable networking opportunities.

On 27 May, tune in live to hear from OECD Trade and Agriculture Director Marion Jansen and engage in conversations that will shape the future of seeds and food security.

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