Then there’s the war, which has brought a massive shock to global fertilizer markets due to the Middle East’s role as a major supplier of inputs.
Prices of fertilizer are up 20% since the war began, according to a Green Markets index for North America. That will likely mean higher prices come harvest time, and if farmers decide to scale back applications, that would also leave crops less able to withstand heat, drought or flooding.
Ibid
Prices of fertilizer are up 20% since the war began, according to a Green Markets index for North America. That will likely mean higher prices come harvest time, and if farmers decide to scale back applications, that would also leave crops less able to withstand heat, drought or flooding.
Ibid