commodities markets and reduced global fertilizer availability impact crop yields and the price of food.
Russia, Belarus, and China have all decreased exports of key earth minerals including potash and urea fertilizers in 2022. Last fall prices for fertilizer had begun to increased 4-5x the existing rate
Biden's increased regulations via EO shortly after taking office have resulted in less LNG production and development within the US. LNG is key component in production of nitrogen based fertilizers. Less LNG = higher LNG price = fertilizer price increase
With regard to food shortages. Yes we did talk about food shortages. And it's going to be real. The price of these sanctions is not just imposed upon Russia, it's imposed upon an awful lot of countries as well including European countries and our country as well.
- Joe Biden - Mar 24, 2022
Wait, you think that he means that there will be food shortages in the US? Did you even listen to the rest of the speech? He says that the US is the third largest of wheat and will work on distributing the wheat to countries that need it.
Biden said very clearly that there would be no food shortages in the US.
Edit:
Ok i see your reply was a sarcastic post based on Biden's older comments in 2020, my apologies
https://twitter.com/JoeBiden/status/1263269526721855488
https://www.youtube.com/watch?v=_YOcoeCYW2c
..
commodities markets and reduced global fertilizer availability impact crop yields and the price of food.
Russia, Belarus, and China have all decreased exports of key earth minerals including potash and urea fertilizers in 2022. Last fall prices for fertilizer had begun to increased 4-5x the existing rate
Biden's increased regulations via EO shortly after taking office have resulted in less LNG production and development within the US. LNG is key component in production of nitrogen based fertilizers. Less LNG = higher LNG price = fertilizer price increase
Don't believe my lying eyes
https://twitter.com/ABCPolitics/status/1507052235192254472
Wait, you think that he means that there will be food shortages in the US? Did you even listen to the rest of the speech? He says that the US is the third largest of wheat and will work on distributing the wheat to countries that need it.
Are you really that retarded?