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The EU imposed new sanctions on Belarus that cut off a major potash supply source over the war in Ukraine. Potash is used in fertilizer and food production across Europe and beyond.
The article warns that rerouting supply through places like Canada will be costly.
Losing a top potash exporter tightens global fertilizer supply and raises input costs for farmers outside Europe. That supports higher potash prices and eventually feed grain costs.
politico.euGabriela GalindoMar 4, 2022Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
