50% SURGE IN FERTILIZER PRICES ADDS $128,000 IN ON-FARM COSTS FOR 2022, FINDS TEXAS A&M STUDY
As the nation struggles to recover from the COVID-19 pandemic, a number of supply chain disruptions continue to wreak havoc on agricultural input markets, both in terms of availability [!!] and cost of inputs. In the case of fertilizer, prices have exploded over the past year

As farmers furiously try to price and source fertilizer ahead of the spring rush, a new report from the Texas A&M Agricultural and Food Policy Center (AFPC) shows supply chain disruptions are wreaking havoc on nitrogen, potassium and phosphorous prices, costing feedgrain farms the most. [ Article ]
#Fertilizer #FoodPrices

➡️ Join https://teleg.eu/midwest_intel

Fertilizer prices spike 43% to fresh record high as supplies tighten. Rising costs of farm inputs will continue to send food prices soaring.

#fertilizer #FoodPrices

https://www.bloomberg.com/news/articles/2022-03-28/fertilizer-price-surges-43-to-fresh-record-as-supplies-tighten

And overnight, food prices are rising up to 50% in Germany. It’s happening fast:

“German retailer Aldi Nord will raise its prices by an average of 20-50% due to an increase in production costs, local media reported on Sunday.
From Monday onwards, meat, sausage products, and butter will be "significantly more expensive," a company spokesman told German press agency DPA, adding that the price hikes in various products were necessary due to the rise in manufacturing costs.

#Germany #FoodPrices

https://www.aa.com.tr/en/economy/german-retailer-aldi-nord-to-raise-prices-by-20-50-on-monday/2554218

Drought in the wheat growing areas of USA has latest USDA Winter Wheat crop condition estimates at worst in 10 years. China also claims their wheat is the worst on record. Ukraine/Russia not exporting.

Hard Red Winter wheat is nearly half of the overall US wheat production.

Multiple breadbasket failure.

#Wheat #FoodShortages #FoodPrices #GrandSolarMinimum

https://agfax.com/2022/04/04/1st-seasonal-crop-progress-report-shows-lowest-winter-wheat-condition-in-a-decade-dtn/

"Could a food shortage be coming?" Record diesel prices are crushing farmers

“I’ve got a tractor hooked up to my corn planter out here, no diesel fuel, and I can’t afford to get any.”

The crushing reality of record diesel fuel prices is pushing farmers to the brink and may affect food availability. <- [READ IT AGAIN]

“We have reached that point to where it is very close to being a sinking ship,” Kotzmoyer, a legislative affairs specialist for the Pennsylvania Farm Bureau, testified to state lawmakers Tuesday. “We are teetering on the edge right now. Food may not be as available because of the fuel price surge."

#EnergyCrisis #FoodShortage #FoodPrices #usa

https://www.mcall.com/news/pennsylvania/capitol-ideas/mc-nws-pa-hearing-inflation-farmers-20220614-d664grvihnfilakimt4wvcy6e4-story.html

“Shock report” reveals food prices could go up 15% over the summer, squeezing family finances further

“Some families may have to skip meals as inflation continues to rise. The report also mentioned that the UK economy is facing its “strongest period” of inflationary pressure since the 1970s, with the conflict in Ukraine worsening the impact by restricting supply chains and pushing up grain prices.”

UK: Food prices could go up by 15% over the summer, adding to the stress on families facing rising petrol and energy bills. The Institute of Grocery Distribution (IGD) said in a report that households are set to pay more for essentials including dairy, bread and meat.

#uk #FoodPrices

https://www.chroniclelive.co.uk/news/cost-of-living/shock-report-reveals-food-prices-24241933

UN Food Chief Halves Refugee Meal Rations As Global Hunger Crisis Worsens 

Too bad people can’t simply eat half as much…

“On Monday, David Beasley, director of the UN World Food Programme (WFP), released a statement detailing "the heartbreaking decision to cut food rations for refugees who rely on us for their survival."
"As global hunger soars way beyond the resources available to feed all the families who desperately need WFP's help, we are being forced to make the heartbreaking decision to cut food rations for refugees who rely on us for their survival," Beasley said. 

#FoodPrices #Rationing

https://www.zerohedge.com/geopolitical/un-food-chief-halved-refugee-food-rations-global-hunger-crisis-worsens