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Planned Shortage Of Everything! Supply Shortages And Global Food Crisis 2022 Accelerates

110 Views· 02/03/22
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We should all start to watch closely the global events that are rapidly escalating because what we’re about to experience is something we have never been through since the beginning of modern times. We’re on the verge of a devastating global food crisis, but we aren’t hearing much noise about it. 
The U.S. mainstream media is largely ignoring that story. They’ll probably wait until things have gotten out of control to start reporting what industry experts and economists have been warning for a long time. If this crisis gets the population by surprise, people will not be able to get ready in advance, and consequently, they will become increasingly more reliant on governments that have no intention to actually help them. That’s why this news should be on the front pages all over the country and all over the world. This is going to impact the lives of every man, woman, and child on the entire planet.
Food industry insiders are warning that global fertilizer prices have tripled, and this is going to severely disrupt food production all over the globe. Some experts have been sounding the alarm since late last year. For instance, back in November, one European CEO came forward to warn about the effects of higher fertilizer and energy prices on the global food supply chain. 
Svein Tore Holsether, the CEO and president of the Oslo-based fertilizer company Yara International, said in an interview that the world was on the cusp of “a dramatic shortfall in food production as rising energy prices cascade through global agriculture”.“I want to say this loud and clear right now, that we risk a very low crop in the next harvest,” the CEO of the Norwegian fertilizer giant has said. “I’m afraid we’re going to have a food crisis.”
Holsether explains that a food crisis is imminent because the cost to produce a ton of ammonia -- a key ingredient in synthetic fertilizer that increases crop yields – has gotten almost ten times higher. “To produce a ton of ammonia last summer was $110,” he said. “And now it’s $1,000. So it’s just incredible.”
Holsether highlights that many small farmers can't afford the higher costs, “which will reduce what they can produce and diminish crop sizes”. As a result, that will hurt food security all over the world, at a time when access to food is already under threat from the health crisis and climate change, including widespread drought.
The CEO says that even Yara is not able to absorb the costs of such a dramatic spike in energy and ammonia prices. For that reason, since the last year, the company has been curtailing its ammonia production by as much as 40% due to those higher expenses. Other major producers have followed the same move. Decreasing ammonia production will reduce the supply of fertilizer even further and make it significantly more expensive this year, which is going to undermine global food production.
“The delayed effects of the energy crisis on food security could mimic the chip shortage crisis,” Holsether added. "That's all linked to factories being shut down in March, April, and May of last year, and we're reaping the consequences of that now. But if we get the equivalent to the food system… not having food is not annoying, that's a matter of life or death," he stressed.
Unfortunately, as scientists and economists have been repeatedly warning over the past decade, due to climate change the worldwide energy crisis we’re witnessing right now is only going to get worse – which means we have a huge mess on our hands.
Many of us don’t know that a tragic hunger crisis is already accelerating in many parts of Africa. More than 20 million people across Sub-Saharan Africa are already on the brink of famine, according to the World Food Programme. And that number is likely to surge even further as rising gas prices help to drive up fertilizers costs, squeezing supply at a time food plants are being shuttered all over the globe since many producers have reintroduced export restrictions. This is just the beginning. Soon, this crisis will get to a point where there won’t be enough food for the entire global population. The only question left is what are we going to do?

https://www.epiceconomist.com​

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