As Ukraine continues to fight against Russian forces, experts warned of potential fallout for the U.S. agriculture industry. The same day as Putin’s announcement, Ukraine’s military halted all commercial activities at its ports in the Black Sea. Also that day, a missile struck a ship chartered by Cargill, according to Reuters. Multinational agricultural corporations stopped operations in Ukraine as farmers expect the Russian invasion of the country — and the subsequent economic sanctions — to drive up already high prices for fertilizer, a key input for U.S. growers, according to interviews and company statements.

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