The war in Ukraine is having massive effects across the board on world markets. Russia’s grip on the fertiliser market is being felt by farmers in Ireland and the UK, who face sharply rising prices.
This is expected to have a big effect on the supply chain and will push up the cost of groceries. Russia is the world’s largest exporter of fertiliser.
Combined with fuel price rises across the board the potential for a food crisis on a global scale has been mooted.
War is another accelerant for change, and the scale of change will depend on how wide and long the conflict maintains.
Already the damage done in Ukraine and the effects on its people is beyond measure.
