The price of gas will push up farmers' fertiliser costs by close to £2billion over four years, costs that are likely to feed through to food prices, according to new analysis. Fertiliser bills were up by around £760million for Britain's farmers this year and last due to the high gas prices.
Over the next two years farms could have to cough up an additional £1.1bn if gas markets do not calm down. Analysis from the Energy and Climate Change Intelligence Unit (ECIU), which was shared with the PA news agency, showed the pressure facing farmers.
The growers are not just dealing with fertiliser costs. The price of gas has naturally pushed up their energy bills as well, and this summer's hot and dry weather might have cut some harvests in half.
