Brazilian Farmers Rush to Secure Fertilizers on Ukraine War Fears
- Some producers haven’t even been able to get price quotes
- Agricultural powerhouse imports 80% of its crop nutrients
Workers harvest coffee on a farm in Guaxupe, Minas Gerais state, Brazil.
Photographer: Patricia Monteiro/BloombergThis article is for subscribers only.
Farmers in Brazil, the world’s top fertilizer importer, are rushing to secure crop nutrients as the Russian attack on Ukraine spreads fears of a global shortage.
“Farmers are scared, rushing to buy potash,” said Jose Marcos Magalhaes, president of the Minasul co-operative, Brazil’s second-largest coffee exporter.