Source: (AP Photo/Marcio Jose Sanchez)
As inflation wholesale prices soar past 10 percent and gas prices continue to surge, economists and farmers across the country are warning about another looming crisis.
Farmers are seeing a fertilizer shortage. Combined with high water and fuel prices, costs are set to soar as food becomes less available. Fertilizer prices were already running red hot this year before a European energy crisis fanned the flames, potentially adding to a pinch on farmers in the U.S. and around the world and stoking worries about food inflation.“It’s almost like a perfect storm of different reasons that […]
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