Posted by paul on March 11, 2022 at 06:29:55 from (66.60.209.84):
In Reply to: Fertilizer problem? posted by larry@stinescorner on March 11, 2022 at 04:24:02:
Relatively little Russian fertilizer makes it to the USA. But Russia did sell a lot of fertilizer around the globe.
With those supplies cut off now, the whole world is going to be short on fertilizer. This will affect USA prices and supplies, as other countries reach out and grab some.
Very similar to petroleum prices and supplies. We dont get much from Russia, but with no country buying from Russia, the whole world becomes short on fuel and prices go up.
It is a problem.
Not so much directly, but between politics, hoarding, and actual shortages around the globe, it is a problem.
In Ag we are facing fuel and fertilizer and weed control supply issues. Parts supply issues. Bad weather in South America. And potential bad weather in China and USA (dry which only hurts winter wheat right now, but if we dont get some moisture it has potential to become a bigger problem.) then the war is disrupting ag in Central Europe/ Asia which has the potential to wreck half the normal wheat crop that is grown in that region.
If all the worst of this comes together at the same time, we will be in for an interesting 24 months of food issues. We wont go hungry, but it could be interesting.
On the other hand if the weather straightens out and some sort of politics sorts out in the next 45 days then there wont be any issue at all and these high grain prices will evaporate.
So...... many farmers are kind of on edge, a lot of dollars on both sides of the ledger sheet are extremely affected.
Much of this has been in effect for 6 months already, if you are just noticing any of it now, you are way behind!
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