World Video | Defence | Foreign Affairs | Natural Events | Trade | NZ in World News | NZ National News Video | NZ Regional News | Search

 


World Now Rich In Fertilizer Supply, UN FAO Says

World now rich in fertilizer supply, UN agricultural agency says

26 February 2008 - Enough fertilizer will be produced in the next five years to cover world demand and support higher levels of food and biofuel production, according to a report released today by the United Nations agricultural agency.

"High commodity prices experienced over recent years led to increased production and correspondingly to greater fertilizer use," Jan Poulisse, a fertilizer expert for the Food and Agriculture Organization (FAO), said in announcing the findings of the report.

"While it is expected that the demand for basic food crops, fruits and vegetables, for animal products and for biofuel crops is likely to remain strong, we expect fertilizer supply to grow sufficiently to meet higher consumption," he added, noting that higher fertilizer prices have boosted production.

The report estimates that the supply of nitrogen, phosphate and potash nutrient will increase by some 34 million tons, representing an annual growth rate of 3 per cent between the biennia of 2007-2008 and 2011-2012, comfortably sufficient to cover demand growth of 1.9 per cent annually.

Africa will remain a major phosphate exporter and increase nitrogen exports while importing all of its potash. Fertilizer consumption on that continent continues to be largely restricted to 10 countries, with the main consumers being Egypt, South Africa and Morocco.

It is expected that North America will continue to be a net importer of nitrogen and that the region will move into increasing phosphate deficit while remaining a primary supplier of potash.

Asia is expected to produce a rapidly increasing surplus of nitrogen, but will continue to import phosphate and potash.

ENDS

Latest World News | Top World News | World Digest | Archives | RSS

© Scoop Media

 
 
 
 
 
World Headlines

 

Gaza.Scoop: Another Israeli Attack On A Hospital

Israeli tanks attacked Al Aqsa hospital in Deir Al Balah, killing five patients and doctors, and injuring more than 70. More>>

ALSO:

MH17: Black Boxes Recovered by Malaysian Government

'Following the agreement Prime Minister Najib Razak brokered with rebel leaders, Malaysia has taken custody of flight MH17's black boxes. As the Prime Minister said, they will be passed to the international investigation team for analysis. More>>

ALSO:


Gaza Update On 15th Day Of The Israeli Offensive

Dozens of Palestinian Civilians Killed or Wounded as Israeli Forces Attack Apartment Buildings, Mosques, Hospitals and Schools; White Phosphorous Bombs and Flechette Shells Fired by Israeli Forces in Border Areas... More>>

Al Jazeera: Egypt Verdict Defies Logic And Any Semblance Of Justice

Following today’s verdict in Cairo, Al Jazeera English managing director Al Anstey said: “Today three colleagues and friends were sentenced, and will continue behind bars for doing a brilliant job of being great journalists. More>>

Papua New Guinea: Indonesian Troops Fire On PNG Soldiers Along Border

Indonesian troops have opened fire on a PNG Defence Force border patrol, increasing further tension at the Papua New Guinea-Indonesia border. The flare-up at the border compelled the Minister for Foreign Affairs and Immigration to summon the Indonesian ... More>>

World News: Internet Well On Way To 3 Billion Users - UN Telecom Agency

Releasing new statistics today, the United Nations International Telecommunications Union (ITU) announced that by end 2014, there will be nearly three billion Internet users – two-thirds of them from the developing world – with mobile-broadband ... More>>

Get More From Scoop

 
 
 
 
 
World
Search Scoop  
 
 
Powered by Vodafone
NZ independent news