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And don't forget energy prices. Several fertilizer plants have temporarily close because with current energy prizes it's not good business. Energy is an input
by RobertoG 5y ago
And don't forget energy prices. Several fertilizer plants have temporarily close because with current energy prizes it's not good business.
Energy is an input to everything, and directly to food through fertilizers and oil prizes (for agricultural machines and transport).
Some people has been predicting inflation because "printing money" for more of 50 years. I predict that if current inflation disappear, nothing will be learn.