marketcrash
bitcoincrash
pensions
nationaldebt
bubble
risk
debtcollapse
farming
03/22/2022
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By Mary Villareal
Canada increasing potash output to shore up food production as Russia-Ukraine conflict continues
The world’s largest fertilizer producer, Nutrien Ltd., recently announced its plans to increase potash output by nearly one million tons this year in response to the uncertainty of supply from Eastern Europe. Potash is a key input necessary for producing nitrogen-containing fertilizers. While Canada is the biggest potash producer, Russia and Belarus come in second and third, which […]
03/16/2022
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By Cassie B.
Price increases are hitting farmers hard across the US and the world
Russia’s attack on Ukraine is having economic effects throughout the world, but farmers are among the parties being hardest hit by price increases as a result of the ongoing conflict. The invasion comes as inflation and supply chain issues were already making life difficult for farmers. The president of the Indiana Farm Bureau, Randy Kron, […]
01/27/2022
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By Mary Villareal
Farmers around the globe now feeling the pinch of higher fertilizer prices and more
The high fertilizer costs are now weighing on farmers in the developing world, with many forced to cut back on production. This could signal global food prices to go even higher this year after hitting decade-highs in 2021. The problem lies in global energy costs, which have now flowed through into fertilizer prices. Moreover, fertilizer […]
11/12/2021
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By Matthew Davis
Food prices to rise as nitrogen shortage forces American farmers to scale back on fertilizers
Food prices are expected to rise even more due to a shortage of nitrogen fertilizer, which will prevent farmers from getting what they need for their fields in the future. According to executives at the CF Industries Holding Inc., the lack of fertilizers will lead to a smaller corn yields that will push the prices of food further. If […]
09/24/2021
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By Mary Villareal
Food prices increase as fertilizer costs surge
Prices for synthetic fertilizers are at their highest levels since the beginning of the financial crisis. This means that people can expect weaker harvests and increasing grocery bills in the next year as the world’s supply chains start to recover. Due to extreme weather, plant shutdowns and government sanctions, the chemical fertilizer market is slamming already struggling […]
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