RIO DE JANEIRO, BRAZIL - Since the war in Ukraine and the sanctions against Russia, fertilizer has been in short supply worldwide.
While most countries are throwing their hands up in horror and don't know where to get them, Brazil is in a somewhat different situation.
A glut of fertilizer at Brazil's largest ports indicates that the country has positioned itself well in geopolitical terms and that it is not in conflict with any side.
That is why Bloomberg writes, that the price of the nutrients may have to drop further before farmers start thinking about buying them.
According . . .