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The European Union is considering increasing its farming budget in order to boost food security, leading to calls for the UK to do the same.

No let up in high fertiliser prices can be expected this year or next, as growers around the world compete for depleted supplies.

High costs amid reduced farm support and fertiliser supply issues at market and crop nutrition level were discussed at the ICL Fertilisers ‘Facing the future’ conference

Market forecasts show fertiliser prices are unlikely to drop any time soon as the perfect storm of high energy prices coupled with supply side issues mean stocks are tight and will remain so for the forthcoming season at least.