business / news / / POLITICO
Even if the strait reopens in the near future, fertilizer inputs such as urea, ammonia, phosphates and sulfur would take about a month to reach the United States.
Fertilizer shipments to the U.S. will take about a month to arrive even if the strait reopens.
KEY POINTS
- Supply chain backlogs for fertilizer could take years to fully recover, not just months.
- Helium shortages are worsening due to damaged Qatari facilities, with recovery expected to take years.
- Medical research labs are already experiencing doubled helium costs and canceled supply contracts.
- Farmers are shifting from corn and cotton to crops like soybeans and watermelon that need less fertilizer.
COMPANIES
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