Snarled supply chains, adverse weather conditions in top growing areas, and conflict in Ukraine have wreaked havoc on the world’s agricultural system. The latest sign of an emerging food crisis is comments from a top US fertilizer company that warns it could take two to three years for farmers to resupply the world’s grain stockpiles. ” Global grains stocks remain extremely low , an issue that has become amplified because of Russia’s invasion of Ukraine .
“We think it will take at least 2-3 years to replenish global grains stocks ,” Illinois-based CF Industries Holdings Inc.’s president and […]
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