Fertilizers provide crops with the nutrients to grow better,making them essential to the world’s food supply. As such, when shocks occur,such as when fertilizer prices increase or when supply is disrupted, the impactis felt by the global food system in its entirety. This explains what we areseeing today: the war in Ukraine, high-energy prices, and restrictive tradepolicies have caused fertilizer supply to go down and prices to go up. Whilethe effects of this shortage will be felt across the globe, developingcountries are among the worst hit.

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