Farming stocks flourish as Ukraine war hits food supply

Seafood, fertilizer and equipment companies buck market downtrend

20220517N Grain

A storage warehouse near a Nutrien potash mine. Shares in Nutrien, the world's largest fertilizer maker, have soared during the Ukraine conflict. © Reuters

YUTA KOGA, Nikkei staff writer

TOKYO -- As the war in Ukraine has stirred unease about global food supplies, money is flooding into agriculture stocks, lifting prices even as the broader market flirts with bear territory.

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