- Right now, to a very large degree we are still eating food that was produced in 2021.
- But by the end of the year, to a very large degree we will be eating food that was produced in 2022.
Under normal conditions, a great deal of the world’s fertilizer comes from either Russia, Belarus or Ukraine…
...Combined, Russia and Belarus had provided about 40% of the world’s exports of potash...
Russia also exported 11% of the world’s urea, and 48% of the ammonium nitrate. Russia and Ukraine together export 28% of fertilizers made from nitrogen and phosphorous, as well as potassium, according to Morgan Stanley...link
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