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Fertilizers inflation presages a global food supply crisis
https://www.ft.com ^ | 3/27/2022

Posted on 03/27/2022 12:58:12 PM PDT by RomanSoldier19

click here to read article


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To: hardspunned

BOTH Oil and wheat have doubled in the last 122 months.

Both are likely to double again.

https://tradingeconomics.com/commodity/crude-oil

https://tradingeconomics.com/commodity/wheat

So has lumber

https://tradingeconomics.com/commodity/lumber

Russia is in the top 3 exporters of the above commodities.


21 posted on 03/27/2022 2:15:18 PM PDT by Mariner (War criminal #18)
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To: Mariner

12 months


22 posted on 03/27/2022 2:33:28 PM PDT by Mariner (War criminal #18)
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To: The Antiyuppie

It’s spread out all over the globe.

Russia doesn’t have a monopoly on it.


23 posted on 03/27/2022 2:37:28 PM PDT by blueunicorn6 ("A crack shot and a good dancer”)
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To: blueunicorn6

It’s spread out all over the globe.

Russia doesn’t have a monopoly on it.


Perceptions is more important than reality, sad to say.


24 posted on 03/27/2022 2:39:32 PM PDT by PeterPrinciple (Thinking Caps are no longer being issued but there must be a warehouse full of them somewhere.)
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To: RomanSoldier19

full article link:

https://archive.ph/mTWRK


25 posted on 03/27/2022 3:06:00 PM PDT by catnipman (In a post-covid world, ALL "science" is now political science: stolen elections have consequences)
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To: cpdiii

Like Slow Joe is gonna let us make more of anything.

So, I think most us farmers bought fertilizer on the way up in the late fall early winter. We paid more and may have cut back a little to justify, but you gotta have it. My realization is what will happen this fall if it does not go down. Or will it be like gasoline at 4 and then we will think it is cheap at 3??. And there is also a rail strike in Canada where we get fertilizer supplies.

The point is that fertilizer has tripled to quadrupled. Yes, beans, corn and wheat have gained which is helpful, but what about beef and grass and hay??? Beef has not gained at the farm level. I guess we will have to take the Bill Gates route and go all SYNTHETIC beef. Yuk!

So, like anything, we can adjust for one year I suppose. But when you see SloJo or Kamalahahahaha for the forseeable future it does cause indigestion for the farmer or small business person.


26 posted on 03/27/2022 3:11:14 PM PDT by taterjay
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To: nascarnation

My buddy who farms said the Midwest farms go almost 100% non manue fertilizer, and that’s where the bulk of all grains come from. The northeast/east coast farms are a drop in the bucket production wise to the Midwest
His fertilizer was $400/ton last year, this yr $1000/ton


27 posted on 03/27/2022 3:57:48 PM PDT by bantam
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