Brave New World - Edition 7

13 Nov 2021 | 5 Mins Read
By: Eastern Fin Research Team
#Brave New World
Rising Fertilizer Prices – Perfect Storm of Events!!
  • Extreme weather, plant shutdowns, new government sanctions has hit the chemical fertilizer market, slamming farmers already crumpled under the strain of rising production costs.
  • Prices for major fertilizer products have increased over 50% in the last year. High prices lead to projections of record-high production costs in 2022 (though still short of all-time high levels set in 2008).
  • Sky-rocketing prices of fertilizers are complicating planting decisions for US farmers for upcoming 2022-23 season with some mulling shifting to other crops.
  • Pockets of discontentment are growing again. Unrest in South Africa triggered by arrest of former President Jacob Zuma in July turned to food as people looted grocery stores and restaurants

With prices for fertilizers at their highest levels since the financial crises, it could mean weaker harvests and bigger grocery bills next year, just as the world’s supply chains start to recover from the pandemic.

Mosaic Company - Largest producer company in US of phosphate & potash nutrients is available for investment by Indian Resident investors under LRS.


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