by Elisa Donegatti
46% Granular Triple Superphosphate is a Fertilizer that helps promote root development and support the early growth of crops. In Italy, autumn is a key period for fertilizer applications to winter-sown crops, while farmers also plan their Fertilizer purchases for the following spring’s corn crop. As a result, fertilizer costs are once again in focus.
In Turin, Italy, prices have risen by €80/t in one month, reaching €725–735/t in early October. The increase is partly driven by geopolitical tensions in the Middle East, which are affecting maritime transport and the availability of raw materials such as sulphur, increasing costs and uncertainty over supplies.
How much does the price increase weigh on crop revenues? The price ratio between Fertilizer and cereals has increased. It now takes approximately 2.73 kg of Corn or 2.83 kg of Soft Wheat to purchase 1 kg of triple superphosphate. Rising Fertilizer prices mean farmers must sell more grain to pay for the same amount of Fertilizer.
