# Higher gas prices deepen Europe's fertiliser crunch, threaten food crisis | INTERNATIONAL ECONOMY NEWS - Business Standard

> Europe's fertilizer crunch is deepening, with about 70% of production capacity offline due to soaring gas costs linked to Russia's gas supply squeeze. Ammonia prices in Western Europe have surged, and the UN FAO warned the EU could shift from fertilizer exporter to importer.

- Date: 2022-08-27 · published 2022-08-27T12:00:00.000Z
- Category: geopolitics · region Europe · magnitude high
- Page: https://feedsoft.ai/events/5146-higher-gas-prices-deepen-europe-s-fertiliser-crunch-threaten-food-crisis
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

Lost European nitrogen capacity keeps fertilizer prices elevated and may cut farm application rates, threatening yields and raising feed grain costs for the next planting season.

## Read by commodity

- SBM: neutral
- CORN: bullish ▲
- WHEAT: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2022-02-24 | [Food inflation risks balloon as prices of wheat to palm oil soar \| INTERNATIONAL ECONOMY NEWS - Business Standard](https://feedsoft.ai/events/9675-food-inflation-risks-balloon-as-prices-of-wheat-to-palm-oil-soar-international.md) | +6.5% | +12.3% |
| CORN | 2026-04-29 | [As nitrogen-based fertilizer prices soar, global food inflation looms - The HinduBusinessLine](https://feedsoft.ai/events/7255-as-nitrogen-based-fertilizer-prices-soar-global-food-inflation-looms-the.md) | +0.2% | +0.3% |
| CORN | 2026-03-05 | [How the Iran war could create a ‘fertiliser shock’ – an often ignored global risk to food prices and farming](https://feedsoft.ai/events/6255-how-the-iran-war-could-create-a-fertiliser-shock-an-often-ignored-global-risk.md) | +2.4% | +4.6% |
| CORN | 2026-03-23 | [Corn Prices: Crop Hits Two-Week High as Iran War Threatens Fertilizer Supply - Bloomberg](https://feedsoft.ai/events/20182-corn-prices-crop-hits-two-week-high-as-iran-war-threatens-fertilizer-supply.md) | -0.3% | -1.8% |
| CORN | 2022-05-23 | [Global food crisis looms as fertilizer supplies dwindle \| National Geographic](https://feedsoft.ai/events/41331-global-food-crisis-looms-as-fertilizer-supplies-dwindle-national-geographic.md) | +0.0% | -1.2% |
| WHEAT | 2022-02-24 | [Food inflation risks balloon as prices of wheat to palm oil soar \| INTERNATIONAL ECONOMY NEWS - Business Standard](https://feedsoft.ai/events/9675-food-inflation-risks-balloon-as-prices-of-wheat-to-palm-oil-soar-international.md) | +6.8% | +25.3% |
| WHEAT | 2026-04-29 | [As nitrogen-based fertilizer prices soar, global food inflation looms - The HinduBusinessLine](https://feedsoft.ai/events/7255-as-nitrogen-based-fertilizer-prices-soar-global-food-inflation-looms-the.md) | -3.1% | -0.4% |
| WHEAT | 2026-03-05 | [How the Iran war could create a ‘fertiliser shock’ – an often ignored global risk to food prices and farming](https://feedsoft.ai/events/6255-how-the-iran-war-could-create-a-fertiliser-shock-an-often-ignored-global-risk.md) | +1.7% | +1.2% |

## Sources

- business-standard.com: https://www.business-standard.com/article/international/higher-gas-prices-deepen-europe-s-fertiliser-crunch-threaten-food-crisis-122082700098_1.html

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