Russia’s invasion of Ukraine resulted in a surge in prices of crops and fertilizers due to supply chain disruptions. Russia accounts for 15%-20% of global fertilizer supply. Russia and Ukraine supply 30% of the world’s wheat. Fertilizer and crop prices were on the rise even before the invasion, due to inflation, higher energy prices, and sanctions on Belarus; another significant global supplier of fertilizers.
This report is currently available to premium subscribers – Free subscribers will gain access on April 5th, 2022
Join as a FREE member and get our research report delivered straight to your inbox, with a seven-day delay