Fertiliser Shocks Rarely Sink Harvests—But the Aggregate Story Hides Who Gets Hurt

History suggests global output is resilient to fertiliser disruptions via buffering mechanisms, yet the 2021-22 shock's unusual breadth and smallholder vulnerability warrant discounting the optimistic aggregate read.

ndtv-profit-business · 7/3/2026, 8:46:55 AM · Ask about this →