Tag Archives: fertilizer

US officials are “quietly” urging agricultural firms to boost Russian fertilizer imports amid growing shortages and a looming international food crisis, Bloomberg news agency reported on Monday, citing unnamed sources familiar with the discussions.  Companies fearful of US sanctions have apparently all but ceased purchases, despite loopholes built into the penalties. The US and most EU …

The latest sanctions imposed on Russia and Belarus have sent global prices for fertilizer soaring to an all-time high. The two countries are major exporters of potash, critical for the global agriculture industry, which is already reeling from pandemic-related disruptions. Last week, fertilizer prices surged nearly 10% versus the previous …