Price of key commodities have surged because of Covid and Brexit, and now the war in Ukraine
A tall fibreglass tank is under lock and key on Matt Culley’s arable farm in Hampshire. No wonder: the fertiliser contained inside has become an increasingly precious commodity.
The cost of synthetic fertiliser, necessary for growing many crops and grass, began to climb last autumn when the price of gas required to produce it began to rise steeply. The conflict in Ukraine has only exacerbated the situation.