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natesovenator t1_j1suxk5 wrote

So... Why exactly are they increasing in price? I thought there was an overabundance and they were struggling to get rid of it all in 2018...

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MrPicklePop t1_j1tq8dn wrote

Because the required inputs are locked behind geopolitical conflicts.

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natesovenator t1_j1tqq22 wrote

Mind giving me one or more examples? I'm really curious.

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MrPicklePop t1_j1tr387 wrote

Potash is mainly produced in Canada and Russia. Now that Russia is banned, there is only one supplier for the western nations.

Ammonia requires a very energy intensive process to produce. With the Russian natural gas pipelines being down, European nations like Germany had to curtail production in preparation for winter. They would rather have natural gas to heat homes than produce fertilizer.

https://mulling.substack.com/p/map-of-impact-to-fertilizer-production

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