05/05/2026
Fertilizer, Food and Industrial Inputs: Why Energy Shocks Hit Agriculture and Manufacturing

Energy shocks do not stop at the fuel pump. They move into fertilizer, food production, manufacturing, mining and construction. When energy prices rise, the cost of producing and transporting agricultural inputs increases. This can affect fertilizer, irrigation, cold storage, trucking and food processing. The World Bank’s warning that energy prices are projected to rise sharply...