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You want to know why food prices are rising?
Posted on 5/29/26 at 6:42 pm
Posted on 5/29/26 at 6:42 pm
Loading Twitter/X Embed...
If tweet fails to load, click here. FTC chairman Andrew Ferguson announced a formal investigation Thursday into fertilizer pricing and market concentration, drawing a standing ovation from farmers representing 18 states.
https://www.agweb.com/news/policy/politics/ftc-launches-formal-investigation-fertilizer-industry-farmers-say-theyre-fed
11
Posted on 5/29/26 at 6:45 pm to Ailsa
This is a "proposed" law. Meaning, not in effect right now.
What is causing prices to rise right now ?
What is causing prices to rise right now ?
Posted on 5/29/26 at 6:47 pm to 4quartaBamaball
Prices are high because Biden killed all the cattle. And because there have been some bad luck with certain crops like tomatoes.
Posted on 5/29/26 at 6:49 pm to Ailsa
quote:
proposed
Can you define this word for the class?
Posted on 5/29/26 at 6:52 pm to 4quartaBamaball
quote:
What is causing prices to rise right now ?
How do people not understand that food growth, processing, and distribution is heavily dependent on FUEL PRICES...
Posted on 5/29/26 at 7:36 pm to Ailsa
100M illegal aliens aren't helping matters.
Posted on 5/29/26 at 7:43 pm to Bunk Moreland
So prices weren't high before Iran?
Posted on 5/29/26 at 7:45 pm to Bunk Moreland
quote:
Bunk Moreland
solid anti-Trump whine
Posted on 5/29/26 at 7:49 pm to Ailsa
quote:
You want to know why food prices are rising?
I expected it to be white supremacy.
I'm pleased that it was anything but that.
Posted on 5/29/26 at 7:52 pm to BHS78
Trump 1.0 lit the match and Biden poured gas on the fire. I will agree with that. Serious pain is coming later in the year from lost fuel, fertilizer, and other items on global markets. I don't think the U.S. evades that.
This post was edited on 5/29/26 at 7:54 pm
Posted on 5/29/26 at 7:58 pm to Ailsa
Food prices have been rising pretty rapidly since 2021; a lot of that has to do with a general increase in inflation as a result of poor monetary decisions and spending since the Great Recession and exacerbated by the COVID lockdowns. Because the Strait of Hormuz is still closed, gas prices remain high and the cost to transport produce and other foods has increased.
Posted on 5/29/26 at 8:03 pm to Bunk Moreland
We produce urea here. You know, companies like CF industries, Dyno noble, nutrien?
Posted on 5/29/26 at 8:04 pm to 4quartaBamaball
At the above link it explains why...
quote:
Speaking before farmers gathered on a North Texas farm, FTC chairman Andrew Ferguson announced the commission had already initiated a “major industry-wide investigation” into fertilizer prices, citing USDA data showing fertilizer has delivered the largest increase in production costs for U.S. farmers since 2020.
“These continued price increases are not something our nation, much less our farmers, can continue to ignore,” Ferguson says.
The FTC investigation centers on concerns surrounding fertilizer market concentration and pricing practices among major fertilizer manufacturers including Mosaic, Nutrien, CF Industries and Koch
Farmers attending the event argued fertilizer prices have remained historically elevated long after the supply chain shocks of 2021 and 2022 eased, even as commodity prices and farm profitability declined.
According to organizers, fertilizer prices have risen more than 150% since 2020, while net farm income has fallen sharply from recent highs.
For farmers attending the event, the announcement drew a standing ovation. After years of frustration, congressional testimony and criticism of the fertilizer industry, the FTC’s move marks the first formal federal investigation with subpoena power and the potential for antitrust enforcement if wrongdoing is uncovered.
Posted on 5/29/26 at 8:05 pm to Bunk Moreland
quote:
A retarded war that is pinching urea production and/or distribution.
now do Ukraine
Posted on 5/29/26 at 8:05 pm to Ailsa
It is SAD what Gavin Newsom is doing to this country.
Posted on 5/29/26 at 8:08 pm to Bunk Moreland
quote:
urea production
They could always pivot to mining your pants. There's bound to be a steady supply there.
Posted on 5/29/26 at 8:21 pm to BHS78
quote:
So prices weren't high before Iran?
Not really. And they shouldn’t be because of Iran. We get nothing oil wise from that region
Posted on 5/29/26 at 8:22 pm to NashvilleTider
quote:
Prices are high because Biden killed all the cattle
Like clockwork, the Whataboutism from the cult as always.
Posted on 5/29/26 at 9:54 pm to NashvilleTider
quote:LINK
Prices are high because Biden killed all the cattle.
quote:
The Biden plan was to just kill chickens, and they spent billions of dollars just randomly killing chickens within a perimeter where they found a sick chicken," Kevin Hasset, director of the White House's economic council, told CBS News' "Face the Nation" on Feb. 16
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