Fertiliser prices are rising for New Zealand farmers as the conflict in the Middle East adds fresh pressure to global markets. Dairy farmers are expected to be among the hardest hit, with costs forecast to increase by about 43%.
The latest outlook suggests New Zealand is not facing an immediate supply shortage. Industry figures say there are strong stocks already in the country, along with additional product on the water, which should help ease short-term disruption.
Even so, the direction of prices remains uncertain. While supply appears solid for now, the escalation in the Middle East has pushed prices higher and created questions about where the market could settle in the coming weeks.
For farmers, the jump in fertiliser costs adds another layer of pressure to operating budgets. Higher input prices can weigh heavily on farm planning, especially for dairy producers managing seasonal spending and trying to balance costs against returns.