American media: Rising fertilizer prices threaten food security (Islamic Republic News Agency) 

Islamic Republic News Agency published an article stating that Tehran – IRNA – Axius News Agency reported that the staggering costs of fertilizers, in addition to increasing food prices, threaten food security around the world. According to IFPRI, data collected show that the prices of NPK fertilizers (including three elements nitrogen, phosphorus, and potassium) in January (January-February 1400) increased by 125 percent compared to the previous year. From the beginning of this year to March has risen another 17 percent. Fertilizer is a commodity that is widely traded around the world, meaning that most countries import it, even those that produce a lot of food. IFPRI notes (see the blog post, High fertilizer prices contribute to rising global food security concerns) that three-quarters of the world is 50 percent or more dependent on imported fertilizers. In richer countries, we will continue to see rising food prices, and in more vulnerable countries, the situation may be disappointing.