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Averting Food Crises: The Synergy of Fertilizers and Predictive Analytics for Food Security
(NewsDirect) Food security is a global concern, with the world’s population rising, a ...
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[{"type":"text","content":"Averting Food Crises: The Synergy of Fertilizers and Predictive Analytics for Food Security\n \n \n (NewsDirect)\n \n \n Food security is a global concern, with\nthe world’s population rising, a struggle to meet climate targets\nand the war in Ukraine triggering particularly severe disruptions to\nglobal markets for critical raw materials. Food crises create human\nsuffering and require emergency relief, which is why we must find ways\nto prevent them from happening. One route is safeguarding fertilizers,\nwhich are critical to enhancing agricultural productivity and crop\nyields. Another is using predictive analytics. This article discusses\nfertilizer production with reference to CF Industries Holdings,\nInc. (NYSE: CF), The Mosaic Company (NYSE: MOS), IBM (NYSE: IBM),\nand Sage Potash (TSX.V: SAGE).\n \n \n Food security depends on raw inputs like natural gas or minerals\nlike potash and nitrogen in fertilizer production. Fertilizers are\ncrucial to enhance crop yield and quality, but the past eighteen\nmonths have been volatile. Indeed, geopolitical tensions, energy\nprices, and economic weakness have impacted the production rates and\nprices of fertilizer ingredients.\n \n \n Agriculture is a sector that operates cyclically, where farmers\nneed to plan for their fertilizer purchases. However, if fertilizer\nprices are too high, farmers may choose to delay their purchases in\nhopes of lower prices in the future. This delay could impact the\nquality of the following year’s harvest if the farmers have yet to\nacquire enough fertilizer.\n \n \n Ensuring\na reliable domestic supply of critical ingredients is essential to\navoid such situations. This can reduce the likelihood of sudden and\nsignificant fertilizer price increases, providing stability and\nsecurity to the agricultural sector.\n \n \n The geopolitical unrest, sparked by Russia’s aggression\ntowards Ukraine and the resulting sanctions that impact 40% of the\nworld’s potash sources (originating from Russia and Belarus), has\nmade the creation of a self-sufficient supply in the United States the\nonly viable option. For instance,\n \n Sage Potash Corp\n \n (TSX.V: SAGE) is\nexploring a large-scale, high-grade potash resource within the Paradox\nBasin of Southeast Utah and pioneering a new scalable, env...