The CEO of Yara, Svein Tore Holsether, warned that the war in Iran is disrupting the supply of fertilizers, potentially resulting in the loss of 10 billion meals per week globally, disproportionately affecting poorer countries and exacerbating food insecurity, as fertilizer prices have surged by 80% since the conflict began. #FoodSecurity #GlobalTrade #FertilizerCrisis #IR #GB #US #IL #AS #AF #LA #ZA
The ongoing disruptions in fertilizer supply and essential production materials caused by the conflict in Iran could impact 10 billion meals weekly, particularly affecting poorer nations, warns Svein Tore Holsether, CEO of Yara, highlighting a looming global food security crisis exacerbated by rising fertilizer costs and agricultural input challenges. #FoodSecurity #GlobalSupplyChain #FertilizerCrisis #IR #US #GB
The CEO of Yara, Svein Tore Holsether, warned that disruptions to fertiliser supplies due to the war in Iran could lead to the loss of up to 10 billion meals weekly, disproportionately affecting the poorest countries, while urging European nations to consider the consequences of a potential bidding war for food. #FoodSecurity #FertilizerCrisis #GlobalHunger #IR #US #IL #UK
Farmers worldwide are grappling with a surge in fertilizer prices driven by the Iran war, which, coupled with declining grain prices, is forcing many to reconsider their planting strategies and putting global food production at risk. #FertilizerCrisis #FoodSecurity #AgricultureEconomics #IR #QA #IN #BD #RU #AU #BR #FR #ZA #CN
#FertilizerCrisis #FoodInflation #SupplyChainDisruption