Risk for Agriculture in Latin America under New U.S. Sanctions

Latin American agriculture faces a serious risk due to possible new U.S. sanctions against Russian fertilizers.
Brazil and Mexico are among the most dependent on imports of Russian products, especially nitrogen and potash fertilizers.
If secondary sanctions are imposed on buyers, farmers in the region may face shortages and significantly higher prices.
This could lead to reduced yields and destabilization of agricultural markets.
Alternative supply sources are limited and costly, which makes the situation even more worrying.
Experts warn of potential “chaos” in the continent’s agriculture.
The news highlights how strongly geopolitics influences global food security.

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