Wednesday, February 22, 2023

Russia, China Have Stranglehold on Fertilizer

 Most of us are removed from farming practices so don't realize the millions of tons of fertilizer that are put on fields and crops every spring in America.  These products make it possible to grow 300 bushel corn along with everything else we put in our mouths and the mouths of our meat animals.

So might it be a big deal that the two countries who despise us most control a huge percentage of the world's fertilizer??

I blogged last spring that the farmer I work with paid $400 per ton and last year that went to $1300 per ton!

What might that go to if a war breaks out even further with Russia?  How about if China wants to cease shipping fertilizer to us?  We feed the world and that could put food security for billions even further out of reach.

Jesus said, "there will be famines" in the Last Days.

The world relies on fertilizers produced by Russia, and its ally Belarus, as well as China to produce many of it's crops. 

And that has alarms going off because of the stranglehold that could give those nations over the world's food supply.

A report that was posted on the Yahoo site explains, "Just as semiconductors have become a lightning rod for geopolitical friction, so the race for fertilizers has alerted the U.S. and its allies to a strategic dependency for an agricultural input that is a key determinant of food security."

The report cites a "cargo" that was trapped in Rotterdam that was so precious the U.N. intervened to get it moved to Mozambique. It was tons of fertilizer destined overland for Malawi.

"About 20% of Malawi's population is projected to face acute food insecurity during the 'lean season' through March, making the use of fertilizers to grow crops all the more vital. It's one of 48 nations in Africa, Asia and Latin America identified by the International Monetary Fund as most at risk from the shock to food and fertilizer costs fanned by Russia's invasion of Ukraine. 

One year on, the upheaval caused to world fertilizer markets is seen by the U.N. as a key risk to food availability in 2023," the report explained.

The report detailed that countries which control the fertilizer market has moved "to the forefront of the political agenda."

"If your stomach is full then you can defend your house, you can defend your borders, you can defend your economy."

The issue for the $250 billion global fertilizer industry was complicated last year because of Russia's invasion of Ukraine. Ports were disrupted, shipping, banking and insurance are more complicated, meaning ordinary deliveries haven't been reliable.

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