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armstrongeconomics.comGlobal fertilizer prices have increased 44 percent since the beginning of the Iran War and now stand at their highest level since 2022. The rise coincides with the effective closure of the Strait of Hormuz, through which roughly one-third of globally traded fertilizers normally p…
SemaforAhmed El-Hoshy, CEO of the Abu Dhabi-based fertilizer exporter, said nitrogen fertilizer prices jumped sharply after conflict closed key Gulf shipping routes. About one-third of global urea and one-fifth of ammonia supplies normally move through the Strait of Hormuz. The company…
A new survey from Dalhousie University’s Agri-Food Analytics Lab indicates Canadians are adapting to elevated grocery costs through deals and trade-downs. Perceptions of food inflation have softened since fall 2024, though rates remain high among G7 nations. Personal stories from…
ibtimes.co.ukInflation for food and beverage companies in the United States increased to 7.9% year-over-year in March, up from 4.2% in February. This marked the largest monthly jump in at least 12 months. Tomato prices recorded the highest increase at 102% year-over-year.