Rabobank, a Dutch lender, reckons wheat prices could climb by...

Rabobank, a Dutch lender, reckons wheat prices could climb by another third
Most alarming will be the conflict’s impact on agriculture worldwide. The region is a big supplier of critical fertiliser components, including natural gas and potash. Fertiliser prices had already doubled or tripled, depending on the type, even before the war, owing to rising energy and transport costs and sanctions imposed in 2021 on Belarus, which produces 18 per cent of the world’s potash, as it cracked down on dissidents.
As Russia, which accounts for 20 per cent of global output, finds it harder to export its own potash, prices are sure to rise further.



https://i.stuff.co.nz/business/world/300540024/war-in-ukraine-will-cripple-global-food-markets