Global rice production to plunge by 10%
Apr 23, 2022 19:46:38 GMT -5
Post by OmegaMan on Apr 23, 2022 19:46:38 GMT -5
Global rice production to plunge by 10%, hundreds of millions to be affected
Friday, April 22, 2022 by: Ethan Huff
Tags: agriculture, chaos, Collapse, crops, farming, fertilizer, fertilizer prices, food collapse, food inflation, food prices, food supply, harvest, Inflation, IRRI, panic, products, rice, starvation, supply chain, World War III
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(Natural News) The world’s largest rice-producing countries are having difficulties planting their normal crop this year due to soaring fertilizer prices, which the International Rice Research Institute (IRRI) warned could send harvests plunging by as much as 10 percent next season.
China, India, Bangladesh, Indonesia, and Vietnam are all struggling to keep up with fertilizer inflation, which on the current trajectory will result in 36 million fewer tons of rice at the next harvest. This amount of rice is enough to feed half a billion people, Bloomberg reported.
“Chemical fertilizers, such as nitrogen, phosphorus, and potassium, are the most applied nutrients for high-yielding rice cultivation,” reported Zero Hedge.
“Farmers have been particularly vulnerable to soaring fertilizer prices as some have reduced the amount of nutrients to save costs. This threatens future harvests as production declines could stoke food inflation for a crop that feeds half of humanity.”
Humnath Bhandari, a senior agricultural economist at IRRI, made sure to point out that this 10 percent reduction estimate is a “very conservative estimate.” If the conflict in Ukraine continues – because this seems to be taking the blame for everything these days ever since the plandemic mostly faded away – the true figure could be much higher.
Continued at link
Friday, April 22, 2022 by: Ethan Huff
Tags: agriculture, chaos, Collapse, crops, farming, fertilizer, fertilizer prices, food collapse, food inflation, food prices, food supply, harvest, Inflation, IRRI, panic, products, rice, starvation, supply chain, World War III
This article may contain statements that reflect the opinion of the author
Bypass censorship by sharing this link:
New
citizens.news/612335.html
(Natural News) The world’s largest rice-producing countries are having difficulties planting their normal crop this year due to soaring fertilizer prices, which the International Rice Research Institute (IRRI) warned could send harvests plunging by as much as 10 percent next season.
China, India, Bangladesh, Indonesia, and Vietnam are all struggling to keep up with fertilizer inflation, which on the current trajectory will result in 36 million fewer tons of rice at the next harvest. This amount of rice is enough to feed half a billion people, Bloomberg reported.
“Chemical fertilizers, such as nitrogen, phosphorus, and potassium, are the most applied nutrients for high-yielding rice cultivation,” reported Zero Hedge.
“Farmers have been particularly vulnerable to soaring fertilizer prices as some have reduced the amount of nutrients to save costs. This threatens future harvests as production declines could stoke food inflation for a crop that feeds half of humanity.”
Humnath Bhandari, a senior agricultural economist at IRRI, made sure to point out that this 10 percent reduction estimate is a “very conservative estimate.” If the conflict in Ukraine continues – because this seems to be taking the blame for everything these days ever since the plandemic mostly faded away – the true figure could be much higher.
Continued at link