The Pending Food Crisis in Europe (fertilizer)

3 comments
  1. Started reading the article – OK, this isn’t good news:
    >Europe could face a deficit of about 9% of its annual nitrogen-fertilizer needs in the first half, VTB Capital estimates. Food may get even pricier if harvests suffer or crop prices rise.

    But then:
    >The thing is, there were multiple reasons (or moving parts) here, and we only needed one or two of them to rear their inevitable and ugly head for profits in this space to come. It’s not always about being right but about running the probabilities and positioning oneself to get lucky.

    >If you think being up 250% is time to “take profits,” we are thinking the upside is just getting into gear.

    >Here, look at the long-term chart on this bad boy. Perspective is everything.

    That’s…nice. Really *nice*. It’s so comforting to think that the misery of poor families struggling to put food on the table is balanced by the glee of better-off others making loadsamoney out of the situation.

  2. Haber process (thing that makes ammonia industrially), is the most carbon intensive process we have, and yet, if fuel prices go up (as it needs natural gas to work), the plants will shut down as it gets too costly.

    However, if you had GM plants, you could reduce the need for so much fertiliser.

Leave a Reply