Down and Dirty: The Global Fertilizer Dilemma
Why It Matters
The Impact of COVID-19 on the Fertilizer Market
From 1950 to 2022, the world's population ballooned from 2.5 billion people to 8 billion. To accommodate that, global food production has to constantly grow as well. In 2019, the US used nearly 20 million metric tons of fertilizer to produce more than 420 million metrictons of grain. Since then, fertilizer prices have nearly doubled, hurting the pocketbooks of farmers.
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