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World’s largest fertilizer manufacturer sounds alarm, says shortages are liable to last throughout 2023
Food Collapse ^ | 05/06/2022 | JD Heyes

Posted on 05/07/2022 2:15:58 PM PDT by E. Pluribus Unum

The agricultural situation in the United States and the Western world is about to go from bad to worse, thanks to sustained shortages of raw materials needed to grow food.

After much of the supply of fertilizer was taken off the market thanks to Russia’s invasion of Ukraine, the world’s biggest manufacturer of the necessary agricultural commodity is warning that supply disruptions are likely to last well into 2023, meaning food shortages — and the resulting price spikes — are not going away anytime soon.

According to Bloomberg, Canada-based Nutrien Ltd.’s CEO Ken Seitz informed investors earlier this week during a conference call that he anticipates boosting the production of potash following supply disruptions from Ukraine and Russia, both of which are major fertilizer producers. He said that he believes disruptions “could last well beyond 2022.”

He went on to say that the conflict with the addition of Western economic sanctions on Russia and Belarus, a Russian ally, has cut the amount of available fertilizer on world markets and as such is liable to reshape nutrient trade, which will only add to further supply uncertainties.

“Could there be a change in global trade patterns as a result? We think that’s a possibility,” Seitz told investors.

It is looking a lot more like fertilizer shortages are going to be a multi-year phenomenon as already, farmers are reducing usage of the product which is likely to lead to smaller crop yields come harvest time. And of course, the repercussions are massive: Lower yields will only make the existing food shortages worse. And make no mistake, while the U.S. and the West have somewhat wasteful food habits, there is not a major global surplus of food; any disruptions in yields will lead to a spike in shortages in the poorest countries where food insecurity is already...

(Excerpt) Read more at foodcollapse.com ...


TOPICS: Business/Economy; Government; Health/Medicine
KEYWORDS:
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1 posted on 05/07/2022 2:15:58 PM PDT by E. Pluribus Unum
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To: E. Pluribus Unum

Geez, wonder how farmers ever cropped without fertilizers before. /s


2 posted on 05/07/2022 2:17:04 PM PDT by cranked
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To: cranked

“Geez, wonder how farmers ever cropped without fertilizers before.”

Slash and burn?


3 posted on 05/07/2022 2:19:28 PM PDT by Paladin2
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To: cranked

The USA has always been fertilizer rich...


4 posted on 05/07/2022 2:19:47 PM PDT by Sacajaweau ( )
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To: cranked
Geez, wonder how farmers ever cropped without fertilizers before. /s

Evidently the concept of "yields" is beyond your smarmy, minuscule comprehension.

5 posted on 05/07/2022 2:20:31 PM PDT by E. Pluribus Unum (Your bat-excrement crazy mental illness does not impose an obligation upon me to deny reality.)
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To: E. Pluribus Unum

And apparently, the sarcasm tag attached to my mention utterly escaped your smarmy, miniscule comprehension, you think dink?

OMFG.


6 posted on 05/07/2022 2:21:59 PM PDT by cranked
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To: E. Pluribus Unum

Thanks for the post.


7 posted on 05/07/2022 2:22:51 PM PDT by Extremely Extreme Extremist
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To: cranked

It’s called starvation. Something Americans haven’t had to face in generations but may get up close and personal soon enough.


8 posted on 05/07/2022 2:25:22 PM PDT by RedMonqey (Fu%k the Ballot box. Now the Cartridge Box)
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To: E. Pluribus Unum

Never like reports from a place that has a conflict of interest. Them saying there will be shortages gives them cover to keep prices elevated.


9 posted on 05/07/2022 2:40:09 PM PDT by BiglyCommentary
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To: BiglyCommentary
Never like reports from a place that has a conflict of interest.

Name a single one that doesn't.

Roger Ailes said before he died that Fox News would never say anything bad about the pharmaceutical industry because that's where 80% of their advertising revenue comes from.

10 posted on 05/07/2022 2:42:41 PM PDT by E. Pluribus Unum (Your bat-excrement crazy mental illness does not impose an obligation upon me to deny reality.)
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To: E. Pluribus Unum

Buyers of fertilizer dont have that conflict of interest.


11 posted on 05/07/2022 2:44:49 PM PDT by BiglyCommentary
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To: Sacajaweau

Especially D.C., where our politicians emit continuous streams of fertilizer while they speak...


12 posted on 05/07/2022 2:47:54 PM PDT by dinodino ( )
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To: E. Pluribus Unum

What did they do before 1989?

This is prep for demanding more govt subsidies.


13 posted on 05/07/2022 2:53:13 PM PDT by Seruzawa ("The Political left is the Garden of Eden of incompetence" - Marx the Smarter (Groucho))
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To: Seruzawa

You seem to be an expert on farming and fertilizer.

You should be answering the questions rather than asking them.

Unless you’re just an empty-headed, know-nothing blowhard.


14 posted on 05/07/2022 2:55:17 PM PDT by E. Pluribus Unum (Your bat-excrement crazy mental illness does not impose an obligation upon me to deny reality.)
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To: E. Pluribus Unum; Tilted Irish Kilt; Pollard; Diana in Wisconsin; null and void; ...

Ping


15 posted on 05/07/2022 2:56:09 PM PDT by metmom (...fixing our eyes on Jesus, the Author and Perfecter of our faith…)
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To: Sacajaweau

Samantha Power, who has flown over many farms at 35,000 feet and thus is Biden’s expert on Something, says they can use manure or something. She does seem well familiar with manure...


16 posted on 05/07/2022 3:01:26 PM PDT by bigbob
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To: RedMonqey
Afghan Media: 97% of Country Facing Food Shortages

“Half of the population is already in need of humanitarian support. This analysis suggests that we are on course for rapid, catastrophic deterioration in the lives of Afghanistan’s most vulnerable people”

17 posted on 05/07/2022 3:10:56 PM PDT by blam
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To: Seruzawa

“What did they do before 1989?”

They used commercial fertilizers.


18 posted on 05/07/2022 3:38:22 PM PDT by crz
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To: Sacajaweau

According to the USDA, we are a major importer of fertilizer:

“The United States is a major importer and dependent on foreign fertilizer and is the second or third top importer for each of the three major components of fertilizer. The top producers of the major components of fertilizer include China, Russia, Canada and Morocco, with Belarus also providing a significant share of potash.”

https://www.usda.gov/media/press-releases/2022/03/11/usda-announces-plans-250-million-investment-support-innovative


19 posted on 05/07/2022 3:44:55 PM PDT by DuncanWaring (The Lord uses the good ones; the bad ones use the Lord.)
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To: DuncanWaring

Biden should be clamoring for increasing domestic fertilizer and food stocks production instead of unwanted electric vehicles.


20 posted on 05/07/2022 4:16:35 PM PDT by citizen (Thieves of private property pass their lives in chains; thieves of public prop. in riches and luxury)
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