Ukraine’s war has significantly disturbed global agricultural markets by sharply driving up prices of key products and inputs such as fertilizer and animal feed, the European Union’s statistics office said on Friday.
Eurostat data showed that the average price of goods and services currently consumed in agriculture increased by 9.5 percent in the first quarter of 2022 compared with the last quarter of 2021, including a 21.2 percent hike for fertilizers and soil improvers, 17.4 percent for energy and lubricants and 9.2 percent for animal feed.
