The answer, to that question, is "probably no." Share of fertilizer in any food item is tiny, especially in high income countries. Farmers will bear the cost, no doubt. But much is going to depend on for how long this conflict lingers and, especially, if markets remain disrupted.

It's not just oil affected, it's critical commodities such as fertiliser disrupted by the Middle East conflict. Farmers are impacted, but what about the consumer at the checkout with rising prices of bread, flour & beer? 🌾 Read more from A/Prof @davidubilava.bsky.social @economicsusyd.bsky.social

We are live. A packed two-day programme, a great set of speakers, and a wide range of topics. Our 3rd #SCoPE workshop at @sydney.edu.au has a lot to look forward to. Register and stop by if you are in town. sydneyscope.org

It has been one year since the January 2025 suspension of USAID. In our new paper (with Annabelle Tan and @ashani.bsky.social), we treat this suspension as a natural experiment and examine how foreign aid withdrawal affects conflict dynamics. A thread: [1/7] papers.ssrn.com/sol3/papers....

Thank you, honoured to have received this award.