# Global fertilizer shortage is threatening a worldwide food crisis | Fortune

> Yara International's CEO warned that a fertilizer shortage linked to the Ukraine war threatens a global food crisis, including in Europe. Russia and Ukraine are major fertilizer producers and exporters, and Russia is accused of using fertilizer supplies as leverage. A warm winter and European gas purchases have so far limited the impact.

- Date: 2023-01-26 · published 2023-01-26T12:00:00.000Z
- Category: geopolitics · region Global · magnitude medium
- Page: https://feedsoft.ai/events/5865-global-fertilizer-shortage-is-threatening-a-worldwide-food-crisis-fortune
- Commodities: [Urea](https://feedsoft.ai/c/UREA.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Tight fertilizer supply raises crop production costs and could reduce yields of corn, wheat and other feed grains. This supports higher grain and nitrogen prices if the shortage persists.

## Read by commodity

- CORN: bullish ▲
- UREA: bullish ▲
- WHEAT: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| UREA | 2023-03-01 | [War-induced fertilizer crunch threatens global food security \| World Economic Forum](https://feedsoft.ai/events/36787-war-induced-fertilizer-crunch-threatens-global-food-security-world-economic.md) | -3.9% | -2.6% |
| UREA | 2022-04-06 | [A fertilizer shortage, worsened by war in Ukraine, is driving up global food prices and scarcity](https://feedsoft.ai/events/42132-a-fertilizer-shortage-worsened-by-war-in-ukraine-is-driving-up-global-food.md) | -3.9% | -24.2% |
| UREA | 2022-05-23 | [Global food crisis looms as fertilizer supplies dwindle \| National Geographic](https://feedsoft.ai/events/41331-global-food-crisis-looms-as-fertilizer-supplies-dwindle-national-geographic.md) | -10.7% | -22.3% |
| UREA | 2026-03-05 | [How the Iran war could create a ‘fertiliser shock’ – an often ignored global risk to food prices and farming](https://feedsoft.ai/events/6255-how-the-iran-war-could-create-a-fertiliser-shock-an-often-ignored-global-risk.md) | +3.0% | +20.1% |
| UREA | 2026-07-02 | [Iran war: From fertilizer to food crisis? \| IFPRI](https://feedsoft.ai/events/18269-iran-war-from-fertilizer-to-food-crisis-ifpri.md) | +2.7% | +12.1% |
| WHEAT | 2022-04-06 | [A fertilizer shortage, worsened by war in Ukraine, is driving up global food prices and scarcity](https://feedsoft.ai/events/42132-a-fertilizer-shortage-worsened-by-war-in-ukraine-is-driving-up-global-food.md) | -2.3% | +3.8% |
| WHEAT | 2022-05-23 | [Global food crisis looms as fertilizer supplies dwindle \| National Geographic](https://feedsoft.ai/events/41331-global-food-crisis-looms-as-fertilizer-supplies-dwindle-national-geographic.md) | -2.2% | -3.2% |
| WHEAT | 2026-03-05 | [How the Iran war could create a ‘fertiliser shock’ – an often ignored global risk to food prices and farming](https://feedsoft.ai/events/6255-how-the-iran-war-could-create-a-fertiliser-shock-an-often-ignored-global-risk.md) | +1.7% | +1.2% |

## Sources

- fortune.com: https://fortune.com/2023/01/26/global-food-crisis-fertilizer-shortage-yara-ukraine-russia-war/

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