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Monday, February 21, 2022

The Russian Fertilizer Export Ban is Going to Hit Your Wallet HARD

 https://www.theorganicprepper.com/russian-fertilizer-export-ban/

The United States is a net importer when it comes to fertilizer. We are known as the “World’s Breadbasket,” because of our productive Corn Belt, but it wouldn’t be nearly so productive without our reliance on fertilizers from other countries. For example, in September 2021, the United States exported $360 million worth of fertilizers, and imported $659 million worth. This means that, for one month, we’ve got a negative trade balance of $299 million worth of fertilizer. We need that $299 million worth of fertilizer for our farms to produce the way we expect them to.

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