Fertiliser shortages will have ‘dramatic’ effect on global food prices, warns farming boss - short news
Powerful property and farming firm Grosvenor Group says knock-on effect of Iran war could arrive next year
Fertiliser shortages caused by the Iran war have driven up costs for UK farmers by up to 70% and will have a “dramatic” impact on food prices globally next year, according to one of Britain’s most powerful property and farming companies.
Mark Preston, executive trustee of the 349-year-old Grosvenor Group, controlled by the Duke of Westminster, said fertiliser “was..
source: The Guardian - 07.05.2026