Mercola ~> Breaking Points: Why Food Prices Are Expected to Skyrocket

Analysis by Dr. Joseph MercolaFact Checked

  • April 18, 2022

STORY AT-A-GLANCE

  • Food shortages and skyrocketing food prices now appear inevitable. The global food price index hit its highest recorded level in March 2022, rising 12.6% in a single month. On average, food prices were one-third higher than in March 2021. In the U.S., food prices rose 9% in 2021, and are predicted to rise another 4.5% to 5% in the next 12 months
  • Inflation was already ramping up well before Russia went into Ukraine, thanks to the uncontrolled printing of fiat currencies that occurred in response to the COVID pandemic. Governments’ COVID responses have also wreaked havoc with global supply chains, causing disruptions that continue to this day
  • Ukraine has ceased exports of wheat, oats, millet, buckwheat and cattle, and Russia has banned exports of fertilizer
  • Together, Russia and Belarus provide nearly 40% of the global exports of potash, a key fertilizer ingredient. Russia also exports 48% of the global ammonium nitrate, and combined with Ukraine, they export 28% of nitrogen, phosphorous and potassium fertilizers. Experts are now predicting fertilizer prices may double as a result of Russia’s ban on fertilizer exports
  • The long-term answer lies in regenerative biodynamic farming, which does not use any chemical inputs

LINK

About michael burgwin

A child of the peace and antiWar movements, a Truther with self-diagnosed Opposition Defiance Disorder, formerly politically liberal tho now politically marooned, and Post-Doomer, on any issue, I trend to the conspiracy side, sort through the absurd, fantastical and insane, until I find firm ground usually located just the other side of the censorship firewall of propaganda and orthodoxy, dogma, and other either / or thinking.
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