Worldview Report Audio Only: May 3, 2022

Good evening everyone and welcome to the Worldview Report. I’m Brannon Howse.

There is growing concern tonight that the food crisis is about to get much worse.

Farmers worldwide are reducing their use of chemical fertilizers. In most cases this isn’t a choice, it’s a necessity. They either can’t afford to buy fertilizer or they can’t get their hands on enough of it even if they could afford it.

Which means their crops may deliver significantly lower yields when harvest time arrives in the fall. The ramifications could be catastrophic. 

Zero Hedge is reporting there are already alarming signs that commercial farmers are decreasing their use of essential nutrients — nitrogen, phosphorus, and potassium. 

SLC Agricola SA, one of Brazil's largest farming operations, revealed last week it is managing fields of soybeans, corn, and cotton in an area larger than the state of Delaware, by reducing the use of fertilizer by 20 to 25 percent. 

Coffee farmers in Brazil, Nicaragua, Guatemala, and Costa Rica are expected to spread less fertilizer because of high costs and shortages. A coffee cooperative representing 1,200 farmers in Costa Rica predicts coffee output could drop by 15% next year because of skyrocketing fertilizer costs. 

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