An investigation is underway into the European Fertilizer industry after lobbying from the IFA so says Liam Dunne Grain Committee chairman for the IFA.
‘The biggest cost that all cereal farmers have is fertilizer and for the first time since the EU was set up the EU commission has put together an investigation into the industry.’ Dunne says.
‘The investigation has started and is set to continue for the next six months,’ Dunne added.
The news of the investigation comes after well known fertilizer companies announced they would be increasing their fertiliser prices.
When asked by That’s Farming if Dunne felt that price fixing was a factor in the investigation Dunne said there was a lot of evidence that there has been ‘some strange business going on’ and it would appear that way.
The investigation was brought about by lobbying from the IFA after lobbying from the group and IFA report published.