Food Supply Archives - Page 11 of 11

Another Two Fertilizer Plants Shut Down in Europe over High Gas Prices

Two more fertilizer plants have been forced to shut down in Europe over high gas prices, placing further strain on the farming industry and global food supply chain. The exorbitant cost of natural gas and other fuels was reportedly behind the pair of fertilizer production facilities in Poland closing their…

China Locks Down World’s Largest Wholesale Port, Threatening Global Supply Chain Disruption

The Chinese Communist Party (CCP) has locked down the port of Yiwu City in East China, the world's largest wholesale hub, according to reports. China placed Yiwu, a city of 1.85 million people, under lockdown in response to a new outbreak of COVID-19. Meanwhile, the CCP has also placed the…

World’s Largest Chemical Company to Cut Key Fertilizer Ingredient Production

The world’s largest chemical company, Germany’s BASF, is set to further cut production of key fertilizer ingredient ammonia. BASF cited energy shortages for the reduction. The move comes as the farming industry is already battling with shortages of fertilizer, water, and other essentials amid soaring gas prices. “We are reducing…

Wheat Prices Fall to Pre-War Levels after Russia-Ukraine Deal to Unblock Exports

The global price of wheat has fallen to pre-Russian invasion levels following the Friday announcement that Russia and Ukraine have struck a deal to unblock exports. Global wheat prices fell by 6 percent on Friday following the deal between Ukraine and Russia. The drop has brought prices of the staple…

Water Cuts Devastate U.S Farms in Another Blow to Food Supply

Water cuts in California are devastating farms in the region, with thousands of acres of prime U.S. farmland literally turning to dust, according to reports. While California is currently suffering a major drought, farmers and industry officials say the current water shortages are due to poor water management in the…