Fertilizer volatility and the food crisis

Fertilizers provide crops with the nutrients to grow better,

making them essential to the world’s food supply. As such, when shocks occur,

such as when fertilizer prices increase or when supply is disrupted, the impact

is felt by the global food system in its entirety. This explains what we are

seeing today: the war in Ukraine, high-energy prices, and restrictive trade

policies have caused fertilizer supply to go down and prices to go up. While

the effects of this shortage will be felt across the globe, developing

countries are among the worst hit.