Price of fertilizer is going up due to war for US farmers exactly at the time when farmers need it most. With higher costs, if they pass prices to consumers, demand may collapse. So farmers are using the increase of energy prices to sell their products to energy traders to survive.
It anticipates less food on the shelves for Americans next year and energy firms competing against people for food.
The effects of oil has a delayed effect on supply chains. Even if the war ended in this very moments, the effects of these deals with farmers will be felt next year.
Source: JoseLunaArts
1 Comment
American food security wouldn’t have been in danger if we didn’t abandon crop rotation and rely entirely on Monsanto seeds and imported fertilizer, smh