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Large Scale World Famine Looms Larger

&NewLine;<p>We wrote in a previous article that food shortages in the world were a certainty over the next year&period;<&sol;p>&NewLine;&NewLine;&NewLine;&NewLine;<p>But there is another facet to the production of food that has emerged that could severely elevate the upcoming crisis&period;<&sol;p>&NewLine;&NewLine;&NewLine;&NewLine;<p>A shortage of fertilizer&period;<&sol;p>&NewLine;&NewLine;&NewLine;&NewLine;<p>South American countries are already experiencing drought conditions that have lessened their output&period; But now we find that a shortage of fertilizer will make yields even lower&period; Fertilizer generally increases yield by 30&percnt; to 40&percnt; and is almost universally applied&period;<&sol;p>&NewLine;&NewLine;&NewLine;&NewLine;<p>Maybe the U&period;S&period; exports less&comma; Latin America exports less&period; &nbsp&semi;We are already looking at a <strong><a href&equals;"https&colon;&sol;&sol;punchingbagpost&period;com&sol;major-famine-imminent-15-20-shortfall-in-the-world-food-production&sol;">shortage of up to 15&percnt; in wheat and corn<&sol;a><&sol;strong>&period;&nbsp&semi; Suppose we subtract another 5&percnt; or 10&percnt; to the shortage of food in developing countries&quest;&nbsp&semi;&nbsp&semi;<&sol;p>&NewLine;&NewLine;&NewLine;&NewLine;<p>And let’s look at the situation on the ground in Ukraine&period; When last we heard three weeks ago&comma; the Ukrainian agricultural minister said that 70&percnt; of the land would be sown&period; However&comma; the conditions on the ground have become worse&comma; with fuel battles raging and fuel sources being blown up&period;<&sol;p>&NewLine;&NewLine;&NewLine;&NewLine;<p>And there are other factors&period; Inflation in the dollar will disproportionately affect third world nations&comma; making food even tougher to afford&period; In addition&comma; supply chains are not entirely healed from the Covid shut downs&period; All of these factors are difficult to quantify precisely&comma; but rough calculations show alarming results&period;<&sol;p>&NewLine;&NewLine;&NewLine;&NewLine;<p>Can the world stand up to a food shortage that could reach 20&percnt;&quest; or 30&percnt;&quest;<&sol;p>&NewLine;&NewLine;&NewLine;&NewLine;<p>As we said before&comma; vulnerable countries that import large quantities of food include Libya&comma; Egypt&comma; Bangladesh&comma; Tunisia and Yemen&period; They can least afford it and have little political clout&period;<&sol;p>&NewLine;&NewLine;&NewLine;&NewLine;<p>In the U&period;S&period; we may experience higher prices because we can pay the prices and divert food to ourselves&period; In those countries&comma; the people will go without&period;<&sol;p>&NewLine;&NewLine;&NewLine;&NewLine;<p>As I have said in many articles about the Russian invasion of Ukraine&comma; this is all on the Biden Administration&period; Competent leadership in the most powerful country in the world could have stopped this invasion&period;&nbsp&semi; Biden has failed&period;<&sol;p>&NewLine;&NewLine;&NewLine;&NewLine;<p><strong><a href&equals;"https&colon;&sol;&sol;punchingbagpost&period;com&sol;major-famine-imminent-15-20-shortfall-in-the-world-food-production&sol;">Major Famine Imminent&colon; 15-20&percnt; Shortfall in the World Food Production&quest;<&sol;a><&sol;strong><&sol;p>&NewLine;&NewLine;&NewLine;&NewLine;<p><a href&equals;"https&colon;&sol;&sol;www&period;bloomberg&period;com&sol;news&sol;articles&sol;2022-04-13&sol;fertilizer-shortage-could-bring-farming-emissions-change">https&colon;&sol;&sol;www&period;bloomberg&period;com&sol;news&sol;articles&sol;2022-04-13&sol;fertilizer-shortage-could-bring-farming-emissions-change<&sol;a><&sol;p>&NewLine;&NewLine;&NewLine;&NewLine;<p><a href&equals;"https&colon;&sol;&sol;www&period;zerohedge&period;com&sol;commodities&sol;brazils-top-farmer-slash-fertilizer-usage-25-amid-shortage">https&colon;&sol;&sol;www&period;zerohedge&period;com&sol;commodities&sol;brazils-top-farmer-slash-fertilizer-usage-25-amid-shortage<&sol;a><&sol;p>&NewLine;

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