Submitted by AFH_Global t3_11ot33i in UpliftingNews
way2funni t1_jbve276 wrote
EXCERPT: "...The grants will help independent businesses increase production of American-made fertilizer, which will spur competition, give U.S. farmers more choices and fairer prices and reduce dependence on unreliable foreign sources like Russia and Belarus....
There it is. Belarus & Russia provide about 40% of all the potash in the world.Throw China into the mix and it's about 60%
And you can forget getting potash from Russia and Belarus now with the UKR war raging and US and worldwide sanctions in effect.
As a result, prices have already jumped by a factor of 5 and 6 and will only get worse.
If the world has a shortage of Potash, because of the highly industrialized nature of our farming, it's a train wreck. Global food security will suffer.
Peter Zeihan talks about it a bit on his youtube channel. He thinks up to a billion people could starve if it all goes to hell. (admittedly this is worst case)
As another Redditor noted, (wabbit) yes it is a little late but better late than never. They are throwing 500MM at it and that number will probably go up.
Viewing a single comment thread. View all comments