Question to the Department for Environment, Food and Rural Affairs:
To ask the Secretary of State for Environment, Food and Rural Affairs, what assessment she has made with Cabinet colleagues of the potential impact of the conflict between the US and Iran on (a) the cost and (b) supply of fertilizer to farmers in Wales.
This is a devolved matter and the information provided therefore relates to England only.
The fertiliser market is a global market, and while there is no immediate risk to UK supply, the market price in the UK is strongly influenced by international prices for fertiliser and by the value of the pound.
The Government is aware of the current price increase for fertiliser due to the conflict in the Gulf. Defra is in close contact with domestic fertiliser suppliers and is monitoring overall supply to the UK. The Government remains ready to support businesses as effectively as possible in these challenging times.