The price of ammonia is hovering at an all-time high, expect spiralling food prices.
Ammonia is used to make nitrogen fertiliser via a process that uses natural gas or coal, all of which is in tight supply.
Most of the food we eat got on our plates with the help of synthetic fertilisers.
We are not self-sufficient at all… Most of the ingredients are imported and mixed locally…
Farmers… are price takers…
From a food security point of view, we’re not at risk as such… but we can expect a drop in yield…
Dawie Maree, Head of Information and Marketing – FNB Agribusiness
