got you that fancy coffee you like i don't want it so expensive america has always been
the land of excessive food options and great value unfortunately lately there are fewer
options and prices are going up here are 10 reasons why food is getting more expensive
in the u.s rising fertilizer costs it's too expensive i'm done the price of any product sold
on the open market including food is frequently determined by the price of its inputs and foods
are no exception the majority of the food we eat comes from agricultural sources such as bread
milk meat fruits and vegetables fertilizers are used to enhance natural soil nutrients
antibiotics are used to prevent animal illnesses and pesticides are used to help protect crops
from various threats such as animals insects weeds and other different microorganisms for
almost a century farmers have used synthetic fertilizers since they have consistently produced
better crop yields as a result it should come as no surprise that as the price of synthetic
fertilizers rises throughout the world so will food costs it is what it is that is exactly what
is occurring right now all over the world the cost of raw materials in the fertilizer industry
ammonia nitrogen nitrates phosphates potash and sulfates have increased by 30 percent since the
beginning of 2022. their prices have already surpassed those witnessed during the 2008 food
and energy crises fertilizer costs haven't slowed down since reaching new heights with all eight
key fertilizers seeing price increases on a month to month basis crop yields are becoming smaller
our crop yields are so much smaller than that of mighty latvia in many regions of the world the
threat of a declining food supply and the quality of food available is a direct result of rising
fertilizer prices for example crop yields in the philippines might decline by as much as 10 percent
since urea a critical nitrogen fertilizer is currently around 57 per bag the yield forecast
is even worse in other areas rice potatoes and corn harvested in peru might drop by as much as
40 percent unless additional fertilizer becomes available crop yields are expected to decline 10
next season resulting in 36 million fewer tons of rice which is enough to feed 500 million people
how sad is that a 20 reduction in potash use might result in a 14 loss in yields in brazil
the world's largest soybean producer a coffee cooperative representing 1200 small growers in
costa rica expects output to drop by as much as 15 next year declining fertilizer use in west africa
would reduce this year's rice and maize production by a third food production in sub-saharan africa
might plummet by 30 million tons in 2022 which is enough food to feed 100 million people although
these figures are from countries and regions outside of the united states the lower crop
yields around the world still has an impact on the u.s as america imports thousands of food products
from around the globe maybe there will be a shift to more food production efforts on american soil
which would be in addition to the already massive amount of agriculture the u.s already produces
soaring energy prices my price just went up the surge in energy prices is one of the reasons for
the increasing fertilizer and by extension food costs because fertilizer production is
particularly energy intensive natural gas is used as a raw material to make ammonia which
is the basic component of all nitrogen fertilizers and accounts for the majority of global fertilizer
usage natural gas expenses typically account for 60 to 80 percent of production costs coal
is also gasified into ammonia and used to make fertilizers in some countries such as china as
a result as natural gas and coal prices begin to rise so will the cost of producing fertilizers
for agricultural use everyone put in 20 each yes i'll cover you natural gas prices in the
united states recently reached their highest level since 2008 while coal prices have surpassed 100
per ton for the first time in over a decade various fertilizer plants in europe have
already been forced to close due to rising natural gas prices causing food supply problems
india a key coal and agricultural exporter is suffering from the biggest power outages in years
food costs might become the next source of pressure as energy prices rise to
multi-decade highs to complicate things even more food suppliers must compete for energy
with other industries such as the manufacturing of automobiles for example the manufacturing of
biofuel diverts crops away from agriculture and the creation of lithium-ion batteries
also necessitates chemicals used in fertilizer production russia's invasion of ukraine if it
means war then we say no consumers throughout the world have been affected by russia's
invasion of ukraine since supply chain delays and economic sanctions have increased the cost of
everything including food because of its climate ukraine has some of the most fertile soil in the
world and its agriculture industry has long been regarded as the bread basket of europe ukraine
accounts for around a quarter of all worldwide wheat exports wow russia is also a large supplier
of nitrogen fertilizers and is a big producer of agricultural products as a result the ongoing
conflict in ukraine might be considered as a major disrupter in the global food industry especially
in terms of international commerce and global food prices given the weight of russian production
other nations will only be able to partially address global supply shortfalls monetary policies
you can't give your friend money it's a very strange policy i can't be held responsible
the expansionary policies pursued by central banks throughout the world are another one of
the reasons we're seeing a worldwide inflation crisis and not only surrounding food prices
loose monetary policies have been widely established in the past as contributing
to inflation while promoting economic development then following significant increases in government
expenditures due to an unanticipated incident in the form of a global pandemic heightened inflation
fears economic relief measures have historically resulted in high costs for products and services
and we're now seeing the effects of inflation this year no good the effect is most noticeable in the
united states where inflation continues to grow and has already hit the highest level in 40 years
price levels have risen by 6 globally which is still significantly more than the widely accepted
2 increase rising oil prices the only thing that didn't fall the price of gas the existing global
food system is heavily reliant on transportation which requires fuel in the near and medium future
fuel prices will almost surely keep rising making the existing largely fuel-dependent
agricultural supply chain less secure and food more expensive the link between food and oil
is structural and food and fuel costs have risen and decreased almost in lockstep in recent years
oil products are used in modern agriculture to fuel farm machines and transfer farm produce to
the customer oil is also frequently utilized as a component of agricultural chemicals
as a result rising oil prices put pressure on all of these parts of the commercial food system which
means that the high and fluctuating price of crude oil will probably continue to drive up food costs
furthermore when oil prices climb so does the need for biofuels and those are the only non-fossil
liquid fuels that can be used in current combustion engines and automobiles biofuels on the
other hand are frequently created from maize and other agricultural products crop prices are driven
upwards as demand for alternative energy sources grows again making food even more expensive
agricultural crops based on exports make the globe more vulnerable to high oil prices
fuel expenditures can account for up to 60 percent of total shipping expenses many impoverished
farmers who cannot afford machinery gasoline or commercial agricultural supplies are at a
disadvantage in the global food system as a result millions of farmers are forced out of business
each year and less farmers means higher food prices climate change climate change is a
threat which affects us all mr valentine weather extremes have produced a large increases in food
costs in recent years producing social economic and political disruptions in both developing and
industrialized countries rice prices surged 217 percent wheat prices jumped 136 corn prices rose
125 and soybean prices rose 107 in the past decade that sounds expensive water shortages in grain
producing areas contributed significantly to the worldwide food price crisis which contributed to
food instability floods in pakistan destroyed a large part of the agriculture industry in 2010
and a severe heat wave and drought in russia resulted in a food export embargo climate change
effects have seen consequences which include warmer temperatures shifting seasons more frequent
and intense weather events flooding and drought all of which would increase the likelihood of such
agriculture disrupting catastrophes apart from catastrophic occurrences like flooding and drought
agricultural adaptation to stresses like rising temperatures and shifting seasons
will be required as a result climate change's impacts on agriculture along with a growing global
population and rising wages and therefore demand pose a danger to global food security most experts
anticipate that prices will continue to climb over the next several months more waste i'll eat this
tonight because it's not right to waste food the price of meat has steadily been going up and we're
not talking that grass-fed organic free-range meat from beef and chicken to hot dogs and bacon people
are cutting back due to the higher prices it's too much it's too much the truth is we've never spent
more on food in general and meat in particular as a percentage of our income but another source of
inflating food prices is waste although up to 50 percent of what fruit and vegetable farmers
produce is rejected on or near the farm then around 40 of what we buy in stores is thrown away
at home wasting a completely valuable resource and in the end we have to spend more money on food
one solution is to promote better agricultural systems more sustainable farming and improved
animal care one thing to remember is that farmers are business owners they do not produce the food
you desire but instead they produce the food that you will purchase so to affect change it has to be
financially appealing to them for far too long there has been a dichotomy between condemning
farmers for unethical activities on the one hand and complaining about the high expense of food on
the other so while food prices will continue to rise it's nothing that the u.s hasn't seen before
droughts throughout the world global warming sir prices on the majority of commodities from
timber to grain have been influenced by extreme weather and supply chain concerns in recent years
coffee and avocados appeared to be surviving in an inflationary situation until lately that has
changed recently according to industry experts as the worst frost in brazil's coffee growing
area and more than 25 years is causing prices to skyrocket brazil the world's largest coffee
producing country is facing a two-pronged attack heavy frost followed by a drought that has already
dried the 2021 to 2022 crop yikes that's a recipe for disappointment investors were hoping
that the 2022 harvest would help replenish a drought-stricken 2021 crop but concerns
are growing brazil is not the only country being affected by drought around the globe water sources
for many agricultural areas are drying up making growing healthy crops almost impossible diseases
pawnee has been hit with the avian flu tai no this is bad news over the past century avian influenza
has killed three billion birds and infected more than 50 million people experts believe that the
virus was introduced from domestic birds to wild waterfowl in the 1960s and 70s not coo there have
been six global pandemics of the virus since it was discovered in 1891. the greatest avian
flu epidemic since 2015 is affecting commercial and backyard flocks in 29 states it's already
driving up egg prices and chicken prices aren't far behind chicken prices are predicted to climb
between 6 and 7 this year while egg prices will rise from 2.5 to 3.5 percent add that to the
already elevated prices due to the covid pandemic and you have a serious recipe for inflation that
will affect the prices of food and the supply chain for the foreseeable future we can only hope
that the effects from these pandemics can teach us how to overcome similar problems in the future
gotta stay optimistic you know stay right here and tap or click another great video hit that
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