Re:A world grain shortage puts tens of millions at risk
by tyrfing on Saturday May 21, 2022 @11:22PM
(#31464616)
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...
> 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...