This piece tracks three converging pressures on global food buffers: a 50% urea price spike hitting smallholder farmers at planting season, the worst US Midwest spring drought on record, and a forecast below-normal Indian monsoon.
2009-2011? 👀 Thin reserves, economic stress, and energy shocks converging — food riots pending?
Mother nature still has a vote. But the structural conditions are already baked in.
#FoodSecurity #FoodCrisis #FoodPolicy #AgriFoodCA
https://open.substack.com/pub/evandgfraser/p/a-year-for-breaking-records?utm_source=share&utm_medium=android&r=5bh5bl