“Farmers Panic, Can’t Get Supplies to Grow Food”



ORIGINAL POST
Posted by Ed 3 yrs ago
https://youtu.be/mqOSagleOA4

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Ed 3 yrs ago
‘I’m afraid we’re going to have a food crisis’: The energy crunch has made fertilizer too expensive to produce, says Yara CEO
 
In Europe, the natural-gas benchmark hit an all-time high in September, with the price more than tripling from June to October alone. Yara is a major producer of ammonia, a key ingredient in synthetic fertilizer, which increases crop yields. The process of creating ammonia currently relies on hydropower or natural gas. 
 
"To produce a ton of ammonia last summer was $110," said Holsether. "And now it's $1,000. So it's just incredible." 
 
https://fortune.com/2021/11/04/energy-crisis-food-shortage-security-fertilizer-prices-yara-ceo-madagascar-cop26/ 

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