Short-term policy considerations to respond to Russia-Ukraine crisis disruptions in fertilizer availability and affordability

Charlotte Hebebrand and David Laborde Debucquet

Chapter 13 in The Russia-Ukraine conflict and global food security, 2023, pp 69-74 from International Food Policy Research Institute (IFPRI)

Abstract: As discussed in an earlier post, fertilizer prices have increased drastically, up 230% between May 2020 and May 2022. Now — driven upward by supply disruptions stemming from the Russia-Ukraine conflict — they are nearing the peak reached in August 2008 during the last major food price crisis.; Spiking fertilizer prices are likely to have major impacts on agriculture and food production — and thus, food security — around the world, as farmers struggle to pay for a key input and face potential supply disruptions, and governments look for ways to cushion the economic blow.

Keywords: fertilizers; food production; shock; policies; war; coronavirus; covid-19; supply; agriculture; markets; trade; coronavirinae; russia; food security; ukraine; conflicts; coronavirus disease; prices; climate change (search for similar items in EconPapers)
Date: 2023
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Persistent link: https://EconPapers.repec.org/RePEc:fpr:ifpric:9780896294394_13

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