Fertiliser prices raised with EU Competition Commissioner

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Concerns over increasing fertiliser prices and the lack of competition in the fertiliser market across Europe and its impact on farmers in the west of Ireland have been communicated to EU Competition Commissioner Margrethe Vestager following representations from East Galway TD Paul Connaughton.
Recently, Deputy Connaughton raised the issue of increasing fertiliser prices with Phil Hogan, the Commissioner for Agriculture and Rural Development and Commissioner in Hogan has taken the matter up with the Competition Commissioner in an effort to have the matter further investigated.
‘I highlighted my concerns in relation to increasing fertiliser prices to Commissioner Hogan against a backdrop of falling oil prices. Commissioner Hogan has now raised the matter with EU Competition Commissioner Vestager, including supporting documentation received from public representatives across Europe.
‘There are many factors at play in the fertiliser market across Europe, fires at a number of plants have reduced the manufacturing capacity in western Europe, resulting in increased transport costs as the fertiliser used in Ireland increasingly has to be transported across the continent. Oil prices are one factor and farmers were hopeful that plummeting prices of crude oil would result in reduced fertiliser prices, but the opposite has been the case and I believe that the entire fertiliser market in Europe should be examined in competition terms at EU level and I look forward to Ms. Vestager’s response.’