# P.E.I. farmers struggle to plan ahead as fertilizer costs double  | CBC News

> Prince Edward Island farmers face fertilizer costs that have roughly doubled, with potash rising from about $570 to over $1,300 per tonne. The provincial farm federation says prices are still climbing ahead of next season. Russia's role as a leading potash and urea producer is cited as the cause.

- Date: 2022-03-28 · published 2022-03-28T12:00:00.000Z
- Category: market · region Canada · magnitude low
- Page: https://feedsoft.ai/events/42602-p-e-i-farmers-struggle-to-plan-ahead-as-fertilizer-costs-double-cbc-news
- Commodities: [Potash (KCl)](https://feedsoft.ai/c/POTASH.md), [Urea](https://feedsoft.ai/c/UREA.md)

## Why it matters

Higher fertilizer costs raise farm production expenses, which can reduce planted area and tighten future feed grain supplies. Prices for potash and urea remain firmly bullish.

## Read by commodity

- UREA: bullish ▲
- POTASH: bullish ▲

## Sources

- cbc.ca: https://www.cbc.ca/news/canada/prince-edward-island/pei-ferilizer-cost-russia-2022-1.6397400

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.