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Executive Summary Global fertilizer prices are at near record levels and may remain elevated throughout 2022 and beyond. Fertilizer prices account for nearly one-fifth of U.S. farm cash costs, with an even greater share for corn and wheat producers...
A number of factors have converged over the last 18 months to send global agricultural commodity prices to near-record levels. Russia’s invasion of Ukraine – and the potential loss of Ukrainian exports – was the latest development to push commodity prices higher.
Russian invasion of Ukraine is expected to significantly affect Thai agriculture. Agricultural production costs are expected to increase 7-13 percent in livestock production and 10-17 percent in field crops due to the surge in prices of feed-quality grains and fertilizers.
Black Sea regional producers Ukraine and Russia are significant suppliers to India of nitrogen and potassic fertilizers utilized in agricultural production. FAS New Delhi sources indicate that a short supply of potassic fertilizers is unlikely to affect agricultural production prospects in the upcoming crop year in the major food grain belt of northwest India and the Indo Gangetic plains.
Since initiating the hostilities, Vladimir Putin’s Russian Federation’s war of aggression against neighboring Ukraine has led to volatility in different sectors of the global economy. For India and the region, trade is disrupted in the grains, oilseeds, fertilizer, and energy sectors.
On June 29, 2017, the Government of the Russian Federation issued Resolution No. 770 “On Amending the Resolution of the Government of the Russian Federation No. 839 of September 23, 2013”.
For the first time in at least a decade, milk production became more profitable on average than poultry or grain production in Russia.
On October 25, 2017, the Government of Russia expanded countersanctions on agricultural trade, banning imports of live swine and meat by-products from the countries....
This report contains summaries of relevant decisions and documents from the Armenia-Belarus-Kazakhstan-Kyrgyzstan-Russia Eurasian Economic Union (EAEU) meetings, published between August 9....
On September 20, 2017, the Russian Government issued Decree No. 1130 imposing a temporary export ban on hides and skins which fall under EAEU HS codes 4104 11 and 4104 19 from October 5, 2017....
On October 25, 2017, the Government of Russia issued decree No. 1292, expanding the ban on the imports of agricultural products from the countries that applied economic sanctions against Russia....
The Technical Regulation of the Russia-Kazakhstan-Belarus-Armenia-Kyrgyzstan Eurasian Economic Union (EAEU) “On Safety of Packaged Potable Water Including Natural Mineral Water”....