Hormuz closure past end-May risks Southern Hemisphere farm-to-fork supply chain: economist

The closure of the Strait of Hormuz is rapidly evolving from an energy market disruption into a direct threat to global agricultural output, tightening fertilizer availability just as key planting windows open in the Southern Hemisphere, according to Dennis Voznesenski, sustainable agriculture economist at Commonwealth Bank of Australia. As sowing begins, producers in Australia and Argentina faceThe closure of the Strait of Hormuz is rapidly evolving from an energy market disruption into a direct threat to global agricultural output, tightening fertilizer availability just as key planting windows open in the Southern Hemisphere, according to Dennis Voznesenski, sustainable agriculture economist at Commonwealth Bank of Australia. As sowing begins, producers in Australia and Argentina faceRead More