AgFax published an article stating that a global fertilizer market that has already seen many challenges in the past 18 months will see added pressure from the Russia-Ukraine military conflict, according to The Fertilizer Institute (TFI). However, the exact magnitude is unknown for now. Senior research fellow, David Laborde, “The Middle East, to India, and even Brazil import a significant share of our potash from this part of the world. So, it’s a global impact. We have alternative suppliers. Actually, Canada is a big, big provider of potash. Now, how people can scale their production, that’s not so easy, you know — mining activities cannot be scaled up very quickly. So basic sales for that price have increased and will continue to increase our cost of production. And we could see a shortage of potash in many places, not only in Europe.”
