Much of the commentary from the agricultural perspective has focused on how the global agricultural market will be directly affected by the Russia-Ukraine war through price volatility and a supply crunch in grains and oilseeds. Still, there is a lot to be said about the fertiliser market too.

According to data from Trade Map, Russia is the world’s leading exporter of fertiliser materials in value terms, followed by China, Canada, the US, Morocco and Belarus. These fertiliser mixtures include minerals or chemicals, nitrogenous fertilisers, phosphoric fertilisers and potassic fertilisers...

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