Hacker Newsnew | past | comments | ask | show | jobs | submitlogin

Logistics I think is large part of it. Another part is going to be the fertilizer shortage.

> Russia also exported 11% of the world's urea, and 48% of the ammonium nitrate. Russia and Ukraine together export 28% of fertilizers made from nitrogen and phosphorous, as well as potassium, according to Morgan Stanley.

https://www.cnbc.com/2022/04/06/a-fertilizer-shortage-worsen...



Belarus potash exports, 18% of global supply, were also cut off in January due to US sanctions. This will force their dependence on Russia, with a Belarusian port on Russian soil, and for now they are struggling to export any of it.

https://www.spglobal.com/marketintelligence/en/news-insights...

https://www.bloomberg.com/news/articles/2022-02-17/belarus-p...

Here's some perspective on current fertilizer prices: https://blogs.worldbank.org/opendata/fertilizer-prices-expec...




Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact

Search: