The Fort Worth Press - EU plan to end Russian fertiliser imports unsettles farmers

USD -
AED 3.673018
AFN 72.000174
ALL 86.049924
AMD 389.460271
ANG 1.80229
AOA 915.502105
ARS 1195.031615
AUD 1.541759
AWG 1.8
AZN 1.694963
BAM 1.726473
BBD 2.018715
BDT 121.474537
BGN 1.724698
BHD 0.376974
BIF 2932.5
BMD 1
BND 1.289653
BOB 6.934176
BRL 5.714398
BSD 0.999823
BTN 84.340062
BWP 13.557616
BYN 3.272024
BYR 19600
BZD 2.008395
CAD 1.379545
CDF 2870.999987
CHF 0.825625
CLF 0.02447
CLP 939.039789
CNY 7.21705
CNH 7.22162
COP 4302.61
CRC 505.826271
CUC 1
CUP 26.5
CVE 97.375031
CZK 22.003003
DJF 177.720312
DKK 6.58014
DOP 58.849628
DZD 132.393919
EGP 50.671205
ERN 15
ETB 131.949759
EUR 0.881895
FJD 2.252305
FKP 0.752905
GBP 0.749498
GEL 2.745018
GGP 0.752905
GHS 13.525025
GIP 0.752905
GMD 70.999943
GNF 8655.491746
GTQ 7.696959
GYD 209.181714
HKD 7.75355
HNL 25.90795
HRK 6.644399
HTG 130.677931
HUF 356.819785
IDR 16529.3
ILS 3.59495
IMP 0.752905
INR 84.63045
IQD 1310
IRR 42112.500704
ISK 129.360209
JEP 0.752905
JMD 158.432536
JOD 0.709202
JPY 143.132502
KES 129.516915
KGS 87.450239
KHR 4017.999749
KMF 433.501579
KPW 899.982826
KRW 1396.405019
KWD 0.30661
KYD 0.833249
KZT 514.459746
LAK 21619.999847
LBP 89549.999747
LKR 299.447821
LRD 199.650319
LSL 18.20083
LTL 2.95274
LVL 0.60489
LYD 5.476767
MAD 9.236969
MDL 17.131961
MGA 4439.999888
MKD 54.234285
MMK 2099.669739
MNT 3574.896063
MOP 7.980791
MRU 39.562865
MUR 45.28022
MVR 15.410259
MWK 1736.000005
MXN 19.670175
MYR 4.238502
MZN 63.905413
NAD 18.201041
NGN 1606.590171
NIO 36.749577
NOK 10.304103
NPR 134.943503
NZD 1.66707
OMR 0.384999
PAB 0.999828
PEN 3.66442
PGK 4.06775
PHP 55.323962
PKR 281.254077
PLN 3.771124
PYG 8004.731513
QAR 3.641021
RON 4.487402
RSD 103.146038
RUB 81.499771
RWF 1419.762623
SAR 3.751047
SBD 8.357828
SCR 14.231546
SDG 600.499594
SEK 9.59695
SGD 1.29213
SHP 0.785843
SLE 22.730057
SLL 20969.483762
SOS 571.497721
SRD 36.850292
STD 20697.981008
SVC 8.748003
SYP 13001.95156
SZL 18.194958
THB 32.785503
TJS 10.373192
TMT 3.5
TND 2.999598
TOP 2.342106
TRY 38.639835
TTD 6.77616
TWD 30.2115
TZS 2697.503157
UAH 41.425368
UGX 3657.212468
UYU 41.939955
UZS 12945.000632
VES 88.61243
VND 25952.5
VUV 120.703683
WST 2.766267
XAF 579.065754
XAG 0.030274
XAU 0.000295
XCD 2.70255
XDR 0.72166
XOF 575.999784
XPF 105.250321
YER 244.481507
ZAR 18.230702
ZMK 9001.201885
ZMW 27.020776
ZWL 321.999592
  • SCS

    -0.1000

    9.87

    -1.01%

  • CMSC

    0.0400

    22.06

    +0.18%

  • BCC

    -4.9900

    87.48

    -5.7%

  • RIO

    0.2300

    59.8

    +0.38%

  • CMSD

    0.0500

    22.31

    +0.22%

  • BTI

    0.8100

    44.56

    +1.82%

  • NGG

    0.4600

    72.3

    +0.64%

  • BP

    -0.7800

    28.4

    -2.75%

  • GSK

    -1.3500

    37.5

    -3.6%

  • RBGPF

    65.8600

    65.86

    +100%

  • JRI

    0.0000

    13.05

    0%

  • BCE

    0.2000

    21.59

    +0.93%

  • RELX

    -0.1100

    54.93

    -0.2%

  • RYCEF

    0.0400

    10.43

    +0.38%

  • AZN

    -1.8300

    70.26

    -2.6%

  • VOD

    0.0700

    9.67

    +0.72%

EU plan to end Russian fertiliser imports unsettles farmers
EU plan to end Russian fertiliser imports unsettles farmers / Photo: © BELGA/AFP

EU plan to end Russian fertiliser imports unsettles farmers

The EU's plans to impose tariffs on fertiliser imports from Russia in a bid to increase pressure on Moscow over the Ukraine war have alarmed European farmers worried about possible price hikes.

Text size:

More than a quarter of the 27-nation bloc's imports of nitrogen-based fertilisers come from Russia, with more flowing in from Moscow's ally Belarus.

The European Commission wants the flow -- around 3.6 million tonnes, worth a total of 1.28 billion euros ($1.4 billion) in 2023 -- to end.

This would dent Russia's war coffers, support local producers and reduce Europe's dependency on a foe that could use it as leverage, according to Brussels.

It will also prevent the indirect export of Russian gas, which is used to produce fertilisers, said a European diplomat.

But not everyone is happy.

"Russian fertilisers are the most competitive in terms of price, due to well-established logistics" for supplying the EU, said Dominique Dejonckheere of pan-European farmers' group Copa-Cogeca.

"We have the feeling that farmers are being forgotten."

The commission wants duties to increase gradually from the summer to reach "a prohibitive level" in three years.

Duties on imports from North Africa, Central Asia, the United States, Trinidad and Tobago, and Nigeria could be removed to alleviate pressure on prices, it suggested, among other mitigating measures, should the duties lead to price shocks.

"For too long, the European fertiliser industry has been exposed to artificially low-priced imports from Russia and Belarus, seriously distorting the market and undermining fair competition," said industry lobby group Fertilizers Europe, welcoming the plan.

- No drama -

Backed by member states in March, the proposal is yet to be approved by the European Parliament, where farmers have vowed to make their voices heard.

The risk of price increases is "a major concern", said Amaury Poncelet, a cereal and sugar beet farmer in Berloz, in central Belgium.

"Some colleagues are already in the red. We understand that we need to help Ukraine and annoy the Russians, but it is us who will bear the brunt."

Copa-Cogeca is calling for a one-year deferral, an annual review clause, and an ease of restrictions on some alternative products.

Farmer protests -- the likes of which Brussels has grown used to in recent years -- are also an option if prices rise rapidly and the commission fails to intervene, it indicated.

Lawmakers in the European Parliament seem split on the issue. A vote is due in May.

"The situation is under control and I wouldn't dramatise it," said Inese Vaidere, a Latvian lawmaker with the parliament's centre-right EPP group, who is the rapporteur for the text.

"This proposal is very balanced," she said. "There are a lot of countries who are ready to supply us with fertilisers."

But even within her own group -- the largest in the 720-seat assembly -- not everyone agrees.

"Of course, we must reduce dependence on Russian fertilisers" but "farmers always pay the price", said French EPP lawmaker Celine Imart, who is also a cereal farmer.

K.Ibarra--TFWP