Shownotes
Fertilizers provide crops with the nutrients to grow better,
making them essential to the world’s food supply. As such, when shocks occur,
such as when fertilizer prices increase or when supply is disrupted, the impact
is felt by the global food system in its entirety. This explains what we are
seeing today: the war in Ukraine, high-energy prices, and restrictive trade
policies have caused fertilizer supply to go down and prices to go up. While
the effects of this shortage will be felt across the globe, developing
countries are among the worst hit.