Rebuilding resilience has the USTR very busy these days, according to U.S.
Because it is such a major player in the global market, sanctions on Russia have a ripple effect on markets, says Jason Troendle, director of market intelligence and research at The Fertilizer Institute.
The Russian invasion of Ukraine this week might drive up the costs of farm fertilizers globally — which nearly quadrupled last year in price in the United States and remain high — and presents an opportunity for unscrupulous companies to artificially inflate those prices further, according to U.S.
“Today changed a lot of things,” Setzer says of yesterday’s invasion of Ukraine by Russia.
Those are ways farmers can deal with looming 2022 herbicide shortages, says Bill Johnson, Purdue University Extension weed specialist.