BigLadKarlLiebknecht [he/him, comrade/them] to

news • 3 years ago

Russia introduces export ban on ammonium nitrate for two months

127

Russia introduces export ban on ammonium nitrate for two months

BigLadKarlLiebknecht [he/him, comrade/them] to

news • 3 years ago

Russia introduces export ban on ammonium nitrate for two months — government

This is a temporary measure, First Deputy Prime Minister Andrey Belousov explained

That’s 60% of global ammonium nitrate production, just in time for planting season. Someone better at the economy than me tell me what this means for food prices… :biden-fall:

Chat

Budwig_v_1337hoven [he/him]
·
3 years ago

Last August, the Food and Agricultural Policy Research Institute in Missouri projected only a 10% increase in fertilizer prices in its forecast model, but recent spot prices have forecasts reaching as high as 80% more for the 2022 planting season. Source

and that was before this...
Noodles are gonna get pricey, huh?

link
- half_giraffe [comrade/them]
  ·
  3 years ago
  :this-is-fine:
  
  link

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