Article

2022-03-23 Economy

Fertilizer prices just hit a record high sparking fears of global starvation and the worst food insecurity level since World War II

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Posted by Skidmark 2022-03-23 07:30|| || Front Page|| [10 views ] Top

#1 Russian fertilizers are everywhere

So is humanwaste

Posted by Procopius2k 2022-03-23 09:52|| 2022-03-23 09:52|| Front Page Top

#2 pretty sure USA, Mexico and EU farmers have already bought and in many cases, already started applying, fertilizer

the shortage will likely mostly affect the Southern Hemisphere countries

Posted by Lord Garth 2022-03-23 09:59|| 2022-03-23 09:59|| Front Page Top

#3 Yeah, at the large consumer end, the contracts were concluded a long time ago, no doubt.

Posted by M. Murcek 2022-03-23 10:02|| 2022-03-23 10:02|| Front Page Top

#4 In North America we can make it ourselves or buy the raw materials from Canada. We will be fine.

As for the rest of the world the technical term is "Fucked".

Posted by DarthVader 2022-03-23 10:48|| 2022-03-23 10:48|| Front Page Top

#5 Small farmers are out of luck.

Posted by Deacon Blues 2022-03-23 11:09|| 2022-03-23 11:09|| Front Page Top

#6 Small farmers are out of luck. US consumers too.

"Illinois corn, wheat and soy farmer Richard Guebert has seen the effects firsthand. His fertilizer cost was $510 a ton last year, he said. This year, it’s $1,508. He has no choice but to pay it to meet his target crop yields, he said, and while the price he is paid for his grain will rise, too, “prices will reach a point where no one can afford to purchase them.”

Posted by Snomoger Ulurong2848 2022-03-23 11:32|| 2022-03-23 11:32|| Front Page Top

#7 Fortunately, Farmer Richard has access to Federally sponsored loans, at the new inflationary interest rates of course.

Posted by Skidmark 2022-03-23 13:28|| 2022-03-23 13:28|| Front Page Top

#8 So Farner Richard raises the price of his corn wheat and soybeans, gets more subsidies from Washington, which increases the deficit further, which crowds out other borrowing and pushed interest rates higher, which caused recession alongside high inflation. Seen that movie before.

Posted by Claving Thomomp9292 2022-03-23 13:37|| 2022-03-23 13:37|| Front Page Top

#9 Ah'm gonna start a worm farm.

Posted by Skidmark 2022-03-23 22:24|| 2022-03-23 22:24|| Front Page Top

#10 DATELINE Pakistan: Taliban IED factory robbed at gunpoint, Ammonium Nitrate taken...

Posted by magpie 2022-03-23 22:33|| 2022-03-23 22:33|| Front Page Top

23:03 Slineling Chusong5031
22:42 Slineling Chusong5031
22:37 The Walking Unvaxed
22:36 The Walking Unvaxed
22:33 magpie
22:29 Slineling Chusong5031
22:28 The Walking Unvaxed
22:24 Skidmark
22:22 Skidmark
22:22 The Walking Unvaxed
22:21 Skidmark
22:19 Skidmark
22:17 Mullah Richard OTR
21:39 49 Pan
21:26 Procopius2k
21:05 M. Murcek
20:41 DarthVader
20:36 Frank G
20:35 Woodrow
20:31 DarthVader
20:03 Whimp and Company7902
20:00 Sonny Jaque9251
19:59 Zhang Fei
19:51 CrazyFool