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News & Articles By Arsenio Toledo
01/12/2023
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By Arsenio Toledo
Study: Fertilizer inflation crisis driven by Ukraine conflict could result in a million more deaths due to hunger
A joint study by Scottish, German and American researchers has found that the rapid inflation in the cost of fertilizers caused by Russia’s special military operation in Ukraine could see an additional one million people dying of hunger-related deaths this year. The study was conducted by researchers from the University of Edinburgh and the University of Aberdeen […]
12/21/2022
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By Arsenio Toledo
Bankrupt meat importer owes millions to at least 99 creditors in transportation and logistics
South American Beef, Inc., a frozen meats importer based out of West Des Moines, Iowa, has filed a petition with the Southern District Court of Iowa to receive Chapter 11 bankruptcy protections. The company was founded in 1999 and sold products under vendor brands as well as its own Prairie Natural brand. Its specialty is […]
11/18/2022
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By Arsenio Toledo
Classic Thanksgiving meal now 20% more expensive due to food inflation
Data from the American Farm Bureau Federation (AFBF) shows that the cost to complete a Thanksgiving meal is now 20 percent higher this year than it was last year. According to the AFBF’s annual survey results, the overall average cost of a “classic” Thanksgiving dinner for 10 people is $64.05. This dinner consists of: A 16-pound […]
10/24/2022
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By Arsenio Toledo
Israeli company that produces 3D-printed fake meat opens new factory in the Netherlands
Israeli lab-grown meat company Redefine Meat has signed a deal to establish a new 3D-printed meat factory in the Netherlands. Redefine Meat sells a line of lab-grown meat products under the brand name “New Meat.” These fake meats are manufactured using 3D printers to mimic certain types of meats like steaks, tenderloins, striploins and other […]
10/20/2022
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By Arsenio Toledo
Bird flu and food inflation push turkey prices 73% higher than last year
Turkey prices are currently 73 percent higher than they were last year, and might stay that way or get worse as Thanksgiving approaches. The price per pound for an eight- to 16-pound turkey is currently at $1.99, up from $1.15 las year, according to data from the U.S. Department of Agriculture (USDA). This constitutes a 73 […]
10/12/2022
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By Arsenio Toledo
USDA announces $500 million stimulus program to boost domestic fertilizer production
The administration of President Joe Biden has announced a $500 million grant to stimulate domestic fertilizer production. Agriculture Secretary Tom Vilsack unveiled the program late last month. It is called the Fertilizer Production Expansion Program. Under the new program, grants will be issued to support “independent, innovative and sustainable American fertilizer production” meant to supply […]
10/12/2022
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By Arsenio Toledo
Tomato shortage looms as drought threatens California’s summer crops
Less precipitation in central California and restricted water supplies coming in from the Colorado River to the southernmost parts of the state have withered many summer crops like tomatoes and onions. Tomatoes are some of the hardest hit by this year’s lower-than-average rainfall and reduced water allocations. Drought conditions, coupled with Hurricane Ian ravaging tomato […]
10/03/2022
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By Arsenio Toledo
British government funding experiments that involve feeding African children INSECTS
The United Kingdom is funding experiments to feed Africans insects. School-age children will be reportedly involved in one of the schemes as they will be eating the bugs in randomized trials. U.K. Research and Innovation (UKRI), a non-governmental body affiliated with the British Department for Business, Energy and Industrial Strategy (BEIS), is responsible for implementing […]
09/21/2022
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By Arsenio Toledo
Food crisis continues: Upcoming US harvest expected to be the most disappointing in years
The United States’ upcoming harvest is expected to be the country’s most disappointing in years, raising fears that America’s food supply will remain tight and food prices will keep increasing. Senior executives at some of America’s largest agribusiness and food processing companies like Bayer, Corteva, Archer Daniels Midland and Bunge warned that worldwide crop supplies […]
09/21/2022
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By Arsenio Toledo
Nitrogen fertilizer prices are expected to rise – and the cost of natural gas is no longer the only factor
The price of nitrogen fertilizer is expected to keep increasing this fall. Analysts have noted that the cost of natural gas, a key component in the production of nitrogen fertilizer, is no longer the only driver of high prices. Nitrogen fertilizer is a necessary ingredient for many farmers in the world for high crop yields. […]
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