Cost increases will be felt right across Australia’s farm sector in 2022, driven by expected further hikes in energy and fertiliser prices, according to a Rabobank report.

The report titled ‘The Russia-Ukraine War’s Impact on Food and Agri: What Oceania’s Food & Agri Chain has to Plan For’, details how disruptions to trade flows from the two major agricultural powerhouses of Russia and Ukraine have had a major direct impact on global grains markets and will continue to keep global grain and food prices elevated throughout 2022 “and likely beyond”.