Farmers and ranchers are concerned about skyrocketing fertilizer prices

Rev 6:6 NAS And I heard something like a voice in the center of the four living creatures saying, “A quart of wheat for a denarius, and three quarts of barley for a denarius; and do not damage the oil and the wine.”

Important Takeaways:

  • Food Costs Likely To Rise as Farmers’ Expenses Shoot Up
  • Bad policy and unpredictable nature are sending food prices through the roof.
  • “I want to say this loud and clear right now, that we risk a very low crop in the next harvest,” Svein Tore Holsether, the CEO and president of fertilizer giant Yara International, warned in November. “I’m afraid we’re going to have a food crisis.”
  • “Among farmers and ranchers, very few topics are being discussed as much as the skyrocketing cost of fertilizer and increasing concerns regarding availability,” the American Farm Bureau reports.
  • Global food prices were already up by an average of 27.3 percent from a year earlier at the end of November, according to the UN Food and Agriculture Organization’s food price index.
  • A mix of increasing poverty and rising food prices is a dangerous cocktail for a troubled planet.

Read the original article by clicking here.

Leave a Reply