Nitrogen production curbed by gas prices

The rising cost of natural gas is going to reduce nitrogen production for next year’s crops said Svein Tore Holsether, president of Yara International, the world’s leading nitrogen producer.

Farmers around the world will likely be lowering their application rates of nitrogen fertilizer due to high prices of the vital crop input.

“The world’s food supply cannot be maintained without nitrogen,” said Holsether.