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Fertilizer industry keeping eyes on Russia

The president of the Illinois Fertilizer and Chemical Association says ongoing conflicts in the Middle East and Eastern Europe affect global fertilizer markets differently.

KJ Johnson tells Brownfield the Israeli war is expected to have minimal impacts, while Russia continues to control a large percent of the natural gas market.

“If that conflict picks back up or we put sanctions on Russia, on natural gas, that’s going to have a direct effect on what happens to the nitrogen market.”

Johnson says the fertilizer market has leveled out since the beginning of the Russia/Ukraine war, but the slightest change could mean a return to price volatility. 

“If you had told me this would happen with Israel a month ago, we wouldn’t have predicted that. So we don’t know anything about where this is going, especially with Putin and Russia. What is his long-term game plan?”

Russia invaded Ukraine in February of 2022, which sent fertilizer prices to record highs for 2022 and 2023.

  • Since ehen did agriculture become politics. Youcalready get warning in 2022 about this problem with Russia/Ukraine, yet you do nothing to augment US fertilizer supply like use some snimal manures. chemical fertilizer destroy soil microbiome, anyway. ever hear abot Regenerative Farming practices, or is it just another business and you just going to pass the costs on to the consumer. well I tell you the problem with that isany peo ok le can not afford these high food prices already and they are growing their own food in the backyard. This is going to make your profit margins even worse. Ever hear if Supply and Demand? also, sanctions on Russia has already destroyed the US dollar AND why does the US which has the richest natural gas and oil deposits in the world have to buy sny oetroleum products from other countries?

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