‘Farms Are Failing’ as Fertilizer Prices Drive Up Cost of Food

Farmers in the developing world say they are curtailing production, which means global hunger could worsen.

From South America’s avocado, corn and coffee farms to Southeast Asia’s plantations of coconuts and oil palms, high fertilizer prices are weighing on farmers across the developing world, making it much costlier to cultivate and forcing many to cut back on production.

That means grocery bills could go up even more in 2022, following a year in which global food prices rose to decade highs. An uptick would exacerbate hunger—already acute in some parts of the world because of pandemic-linked job losses—and thwart efforts by politicians…

Source: wsj-com.cdn.ampproject.org

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