# Russia-Ukraine conflict could add pressure to Australia's 'skyrocketing' farm costs - ABC News

> Australian farm groups report that chemical, fertilizer and fuel costs are skyrocketing, with China's power shortages and pollution curbs adding to supply strain. The Russia-Ukraine conflict and sanctions are expected to add further pressure on costs.

- Date: 2022-02-26 · published 2022-02-26T12:00:00.000Z
- Category: geopolitics · region Australia · magnitude medium
- Page: https://feedsoft.ai/events/43023-russia-ukraine-conflict-could-add-pressure-to-australia-s-skyrocketing-farm
- Commodities: [Urea](https://feedsoft.ai/c/UREA.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Barley](https://feedsoft.ai/c/BARLEY.md)

## Why it matters

Rising input costs for Australian grain growers may reduce planting and affect feed grain supply, supporting prices for barley, wheat and sorghum. Higher fertilizer costs also feed through to livestock feed economics.

## Read by commodity

- UREA: bullish ▲
- WHEAT: bullish ▲
- BARLEY: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| UREA | 2022-03-31 | [Exposure to the Russia-Ukraine conflict - BC Insight](https://feedsoft.ai/events/42211-exposure-to-the-russia-ukraine-conflict-bc-insight.md) | -1.0% | -5.7% |
| UREA | 2022-02-25 | [Farming News - The Ukraine/Russia situation sends global fertiliser markets sharply higher](https://feedsoft.ai/events/43022-farming-news-the-ukraine-russia-situation-sends-global-fertiliser-markets.md) | +24.9% | +38.4% |
| UREA | 2022-05-02 | [Fertilizer sector set for biggest profits in years on Russia-Ukraine conflict \| Reuters](https://feedsoft.ai/events/8658-fertilizer-sector-set-for-biggest-profits-in-years-on-russia-ukraine-conflict.md) | -2.3% | -11.6% |
| UREA | 2022-06-16 | [Russia’s invasion of Ukraine puts additional strain on global food production chain](https://feedsoft.ai/events/40881-russia-s-invasion-of-ukraine-puts-additional-strain-on-global-food-production.md) | -0.9% | +3.9% |
| UREA | 2022-03-14 | [VinaCapital expert: VND may depreciate 1-2% due to the Russia-Ukraine conflict – VIETNAM STAR](https://feedsoft.ai/events/42564-vinacapital-expert-vnd-may-depreciate-1-2-due-to-the-russia-ukraine-conflict.md) | -1.6% | -0.2% |
| WHEAT | 2026-08-20 | [FACTBOX: Black Sea grain trade strained by escalating Russia-Ukraine conflict \| S&P Global](https://feedsoft.ai/events/14090-factbox-black-sea-grain-trade-strained-by-escalating-russia-ukraine-conflict-s.md) | -1.3% | +3.3% |
| WHEAT | 2022-02-25 | [Rabobank commentary: Implications of Russia Ukraine conflict for Australian wheat](https://feedsoft.ai/events/42756-rabobank-commentary-implications-of-russia-ukraine-conflict-for-australian-wheat.md) | +9.4% | +23.7% |
| WHEAT | 2022-01-21 | [How a Russian-Ukraine conflict might hit global markets](https://feedsoft.ai/events/14513-how-a-russian-ukraine-conflict-might-hit-global-markets.md) | +0.5% | -1.6% |

## Sources

- abc.net.au: https://www.abc.net.au/news/2022-02-27/russia-ukraine-conflict-could-add-pressure-to-high-farm-costs/100805320

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.