Acorn and soybean farmer from Iowa said on Wednesday that Americans can expect to see grocery bills increase $1,000 a month due to a massive increase in the price of fertilizer .
Ben Riensche, who runs the Blue Diamond Farming Company, predicted on Fox News’ “Tucker Carlson Tonight” that the Russian sanctions, the Green New Deal, and other factors will cause a massive spike in food prices later this year, spurring more economic hardship for Americans.
“Soaring fertilizer prices are likely to spike food prices,” Riensche told host Tucker Carlson. “If you’re upset that gas is up a dollar or two a gallon, wait until your grocery bill is up $1000 a month. And it may not manifest itself in terms of price, it could be quantity as well. Empty shelf syndrome may just be starting.”
“I’m sorry, I just wanted to make sure I heard you correctly. Up $1000 a month?” an incredulous Carlson asked.
“Sure,” Riensche replied. “The price of growing my crops, or the major crops, corn, soybeans, wheat, rice, cotton are up 30 to 40 percent. They are on my farm. And most of it is fertilizer. Nitrogen prices are up three times from the last crop we put in. Phosphorous and potassium have doubled.”
“The planting season in the northern hemisphere is just weeks away. There is no miracle technology that can cut that in a half or a third,” he said. “It’s a pretty fixed formula. For me to grow an acre of corn on my farm, I need 200 pounds of nitrogen, 200 pounds of phosphorus, and 100 pounds of potash [fertilizer potassium].
Riensche told Carlson that it remains to be seen how this plays out, and speculated that some farmers may opt to “switch to other crops that produce less.”
STOP putting corn in our gas tanks!
Rotate your crops! Plant cover crops!
Govt better start those STIMULUS CHECKS AGAIN !!!!! We going to need them !!!
Unemployment too for ALL like last time !!!
$1k my arse. If this comes to light, that means the restaurant industry is doomed. Its bad enough finding help but if the home grocery list balloons, no one will go out to eat. Trickle down or from home trickle up.
Key point, we USA have it better than most AND waste the most. We will figure out how no matter the circumstances.
Give a man a fish and he has dinner, teach a man to fish and he eats for a lifetime.
Thanks, Joe. You Ahole.