According to this farming insider, dramatically increased costs for fertilizer will make it impossible for many farmers to profitably plant corn this year. The following is an excerpt from an email that he recently sent me… #Farmageddon #Corn #News
“Things for 2022 are interesting (and scary). Input costs for things like fertilizer, liquid nitrogen and seeds are like triple and quadruple the old prices. It will not be profitable to plant this year. Let me repeat, the economics will NOT work. Our plan, is to drop about 700 acres of corn off and convert to soybeans (they use less fertilizer, and we also have chicken manure from that operation). Guess what? We are not the only ones with those plans. Already there is a shortage of soybean seeds, so we will see how that will work out. The way I see it, there will be a major grain shortage later in the year, especially with corn. I mean, we are small with that. What about these people in the midwest who have like 10,000 acres of corn? This will not be good.”-
Learn More: https://www.zerohedge.com/economics/farming-insider-warns-coming-food-shortages-are-going-be-far-worse-were-being-told
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