MINISTER OF AGRICULTURE ANALYSES BRAZIL’S FERTILIZER SCENARIO FOR 2022

The Minister of Agriculture, Tereza Cristina, warned that Brazil could suffer from shortages in 2022. The reason would be the lack of fertilizers that impact the global economy. Cristina said that there was a “great storm” with the rise of the dollar, the problems in production in China, and the economic sanctions to the most important suppliers of fertilizers, Belarus. “The pandemic has messed up global economy. We have many concerns and we have been monitoring them very carefully. Fertilizers for this year and for the “off-season”, which starts at the end of January 2022, are basically guaranteed since producers have already anticipated their purchases”, she said. Cristina, however, said that the government will do its best to avoid the lack of fertilizers. The most affected crop, which began to be planted in September this year, should not be reduced as inputs have been already guaranteed for 2022/23.

Sources: IG Economia/Global Fert (*Translated by Ia Niani)