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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.

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