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JPMorgan warns a global food crisis could hit next year, and unlike oil, there’s no backup plan for fertilizer

Commonground

Senior Moderator
August 18, 2026
Excerpt:

...America relies on imports for many of its staple foods, including coffee, cocoa and sugar. All of these goods are generally supplied to the US by the countries that are most likely to be directly impacted.

Here's what's putting global food access at risk and why some countries are better prepared than others.

El Niño, Iran War and fertilizer shortages​

There are two prongs to JPMorgan's predicted food deficits: a fertilizer shortage and a monumental weather event.

And the Strait of Hormuz's closure wasn't just bad for gasoline prices. The strait also sees about a third of the world's nitrogen fertilizer — an essential form of fertilizer for around half of the world's crops.

Nitrogen fertilizer shortages are a ticking time bomb. Because it's needed during the early stages of crop growth, we could still be feeling the effects of a shortage as much as a year later...

... https://finance.yahoo.com/markets/c...organ-warns-global-food-crisis-183000431.html
 
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