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Higher fertilizer prices could result in food price hikes

Recent trend could stretch into next year
Food prices expected to rise across nation
Posted at 7:39 AM, Sep 22, 2021
and last updated 2021-09-22 08:46:54-04

CORPUS CHRISTI, Texas — New indications show food prices could rise even higher next year.

According to Bloomberg, fertilizer prices are the highest they've been in about a decade, which could translate to smaller harvests and higher food prices across the United States.

Bloomberg says extreme weather, plant shutdowns and government actions have all impacted the fertilizer market this year.