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A fertilizer shortage could mean continued rising food prices and increasing food insecurity for the world's poorest.
Corn prices are now up about 10% over the past month. ... Midwest have boosted crop sales as corn and soybean futures spiked after the U.S. Department of Agriculture slashed its 2024 harvest ...
The price of lithium carbonate started to rise in 2021 after slumping in 2020 and peaked in early 2022 close to $80,000 per ton. Demand for electric vehicles around the world is the primary cause for the price rise. In 2021, electric vehicle sales doubled to 6.6 million from 2020. [32]
By May 2022, wheat prices in Tunisia had risen to over $430 per tonne, more than double the cost from 2021 due to supply interruptions caused by the COVID-19 pandemic and Russia's invasion of Ukraine. Tunisia imports over 95% of the soft wheat used in its bread, increasing its purchases by $250 million in 2022.
Prices for those commodities are strong at the moment, but the cost of fertilizers and other products have gone sky-high and some are in short supply. Each ...
The 2024 total gross state product for Illinois was $1.132 trillion, placing it fifth in the nation. The 2021 median household income was $72,205, one of the nation's highest. [ 10 ] In 2016, the nine counties of the Chicago metropolitan area accounted for 77.3% of the state's total wages, with the remaining 93 counties at 22.7%. [ 11 ]
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