Farmers are sounding the alarm over growing pressure on the global food supply as fuel and fertilizer costs keep rising. Much of that pressure is tied to disruption in the Middle East, where the Strait of Hormuz remains critical for both energy shipments and key fertilizer flows. Farmers are warning that the effects are already reaching key crops, including potatoes, as the cost of growing and moving food keeps climbing. That pressure does not stay on the farm. It works its way through the food system and shows up in higher prices at the grocery store.
Why This Matters:
Fuel and fertilizer costs are rising, and that pressure always ends up in the price of food. Food costs will only go up, and they will go up fast. Buying long-term food storage is an investment that pays for itself and gives you the peace of mind that your family is prepared. Families who prepare before the price hikes do not have to absorb them.
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Source: Yahoo News
By: Jeremiah Budin
