War in Ukraine will constrain fertiliser supplies and spark jump in food prices
The effects of fertiliser and fuel price hikes will be transmitted to food retail prices, in turn affecting consumer prices in the short term
A key government agency tasked with enhancing the viability of the agricultural sector has warned that the Russia-Ukraine war is likely to constrain the supply and availability of fertilisers in SA and will lead to a surge in food retail prices.
According to the National Agricultural Marketing Council (NAMC), the conflict is likely to cause trade tension in the black-sea corridor, a major trade and cargo transportation hub, which will limit the supply and availability of fertilisers in SA. This will affect all farmers as they rely on imported fertilisers to produce commodities including pastures for livestock. Fertilisers account for at least 35% of grain farmers’ input costs...
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
Subscribe now to unlock this article.
Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).
There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.
Cancel anytime.
Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.