Brazil’s fertilizer gap is a global food risk | Fortune
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Brazil’s heavy reliance on imported fertilizer has become a global food-security concern as sanctions and reduced exports from Russia, which supplies about one-fifth of the world’s fertilizer products, push prices up more than 10%. The article, by Carnegie Institution for Science researcher Lorenzo Rosa, highlights Brazil Potash’s planned potash deposit in Amazonas as one domestic response to the supply gap. The research was partly funded by Brazil Potash, whose project is discussed in the piece. The issue matters because Brazil is a major agricultural producer, so higher fertilizer costs can feed through to global crop output and food prices. What to watch next is whether projects such as the Amazonas potash deposit can advance and reduce Brazil’s dependence on foreign suppliers.
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Named in this story
Brazil, Russia, Brazil Potash, Lorenzo Rosa