Last week, I wrote a piece about potential disruptions to the wheat market from the Ukrainian war. Prices for grain are expected to rise because nearly one-third of the world’s wheat is shipped from the Black Sea region.
I would love to sit here and tell you that things are looking up…but that wouldn’t be true. In fact, recent developments are doubling down on the bad news. Now, it’s not just crops abroad that will be impacted; even our own domestic produce is about to take a hit thanks to this war.
The fertilizer market is about to suffer a massive blow, and the longer the war in Ukraine rages, the worse it will get.
You might be saying to yourself, “why should I care about fertilizer?”
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