For fertilizers, "a situation is emerging where, due to sabotage of deliveries by a number of foreign logistics companies, farmers in Europe and other countries cannot receive the contracted volumes of fertilizers," TASS reported.
Russia was responsible for 18% of the potash market in 2017, according to the U.S. Geological Survey. Among other fertilizers, it also accounted for 20% of ammonia exports and 15% of Urea, according to Scotiabank.
The price of fertilizers has already soared over the past year. For instance, the price for anhydrous ammonia, a key fertilizer used for corn, hit a record high last month of $1,492 per ton.
Further price rises would add to inflationary pressures on farmers, who are already paying significantly higher prices for their fuel, weed-killing chemicals, crop seeds and seasonal labor.
--Kirk Maltais contributed to this article.