Why Global Food Prices Are Expected to Skyrocket
FOOD SYSTEMS
@OrganicConsumer | | Read the Full Article
Dr. Mercola writes:
“The global food price index hit its highest recorded level in March 2022, rising 12.6% in a month. What are the long-term answers to this problem?
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.”