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2026-07-09T09:44:18.000Z

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France provides aid to farmers to purchase fertilizers amid global price increases

France provides aid to farmers to purchase fertilizers amid global price increases

The French government has announced emergency aid to purchase fertilizers and support local production, amid rising prices following the closure of the Strait of Hormuz, through which about a third of global fertilizer trade passes. The majority of the support comes from a broader European Union package worth 540 million euros, including 107 million for France, with a plan to increase it to 145 million euros. Farmers will receive support of 50 euros per ton of nitrogen-based fertilizer, with exceptions for those whose fertilizer costs exceed 10% of their expenses.

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