{"id":1661964,"date":"2022-09-28T08:22:58","date_gmt":"2022-09-28T12:22:58","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=1661964"},"modified":"2022-09-28T08:23:46","modified_gmt":"2022-09-28T12:23:46","slug":"hurricane-ian-risks-disrupting-fertilizer-supply-further-boosting-food-prices","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/hurricane-ian-risks-disrupting-fertilizer-supply-further-boosting-food-prices\/","title":{"rendered":"Hurricane Ian Risks Disrupting Fertilizer Supply, Further Boosting Food Prices"},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"&quot;\"><div class=\"counts mashsbcount\">20<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Fhurricane-ian-risks-disrupting-fertilizer-supply-further-boosting-food-prices%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=1661964&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47-->\n<div class=\"featured featured-video video-ct\">\n<div class=\"contain\">\n<div class=\"info\">\n<div class=\"caption\">\n<p>Florida governor Ron DeSantis holds briefing as state braces for Hurricane Ian. <\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p><a href=\"https:\/\/www.foxbusiness.com\/category\/food-drinks\" target=\"_blank\" rel=\"noopener\">Food prices<\/a> could spike as Hurricane Ian approaches Florida and threatens to disrupt the fertilizer supply.<\/p>\n<p>Hurricane Ian, which became a <a href=\"https:\/\/www.foxweather.com\/\" target=\"_blank\" rel=\"noopener\">Category 3 storm<\/a> early Tuesday, is expected to make landfall on Florida&#8217;s Gulf Coast sometime mid-week, <a href=\"https:\/\/www.nhc.noaa.gov\/text\/refresh\/MIATCPAT4+shtml\/271756.shtml\" target=\"_blank\" rel=\"nofollow noopener\">according to<\/a> a public advisory from the National Hurricane Center. It had maximum sustained winds of about 120 mph late Tuesday afternoon.<\/p>\n<p><a href=\"https:\/\/www.foxbusiness.com\/economy\/hurricane-ian-could-temporarily-impact-gas-prices\" target=\"_blank\" rel=\"noopener\"><strong>HOW HURRICANE IAN COULD TEMPORARILY IMPACT GAS PRICES<\/strong><\/a><\/p>\n<p>Multiple counties in Florida, including the one encompassing Tampa, have issued mandatory evacuation orders for select areas as of Tuesday.<\/p>\n<p>Mosaic Co., which mines phosphate and potash and uses them to make fertilizers, is headquartered in Tampa. Its North American phosphate operations make up &#8220;approximately 50 percent of North American farmers&#8217; supply of granular phosphate fertilizer, and 12 percent of the global supply&#8221; in a given year, the company said <a href=\"https:\/\/www.mosaicfloridaphosphate.com\/wp-content\/uploads\/MOS-Economic-Fact-Sheet_Final-May-2022.pdf\" target=\"_blank\" rel=\"nofollow noopener\">in a fact sheet<\/a>.<\/p>\n<div class=\"inline image-ct\">\n<div class=\"m\"><source media=\"(max-width: 767px)\" \/><source media=\"(min-width: 768px) and (max-width: 1023px)\" \/><source media=\"(min-width: 1024px) and (max-width: 1279px)\" \/><source media=\"(min-width: 1280px)\" \/><\/div>\n<div class=\"caption\">\n<p><span>In this aerial image, the city of Tampa, Fla., is seen Monday, Sept. 26, 2022. Hurricane Ian grew stronger as it barreled toward Cuba on a track to hit Florida&#8217;s west coast as a major hurricane as early as Wednesday.<\/span><span> (DroneBase via AP \/ AP Newsroom)<\/span><\/p>\n<\/div>\n<\/div>\n<p>The company has multiple phosphate mining and manufacturing sites <a href=\"https:\/\/www.google.com\/maps\/d\/viewer?mid=1mzd2Xi1gb270-710bzZokc_B_IU&amp;hl=en&amp;ie=UTF8&amp;msa=0&amp;ll=11.809884846413642%2C-42.978515625&amp;spn=0.004764%2C0.007929&amp;z=3&amp;source=embed\" target=\"_blank\" rel=\"nofollow noopener\">in the west-central part<\/a> of Florida, <a href=\"https:\/\/www.mosaicfloridaphosphate.com\/resources\/\" target=\"_blank\" rel=\"nofollow noopener\">according to<\/a> its website. Mosaic declined to speculate on potential impacts to operations at the time of publication but did provide the following statements to <a href=\"https:\/\/www.foxbusiness.com\/\" target=\"_blank\" rel=\"noopener\">FOX Business<\/a>.<\/p>\n<p>&#8220;Mosaic&#8217;s North America Incident Command Team started coordinating with operating sites last week in advance of Hurricane Ian,&#8221; the company said in a statement. &#8220;We continue monitoring weather updates while completing preparations at our phosphate and production facilities in Florida as well as sites in Louisiana.&#8221;<\/p>\n<p><a href=\"https:\/\/www.foxbusiness.com\/apps-products\" target=\"_blank\" rel=\"noopener\"><strong>GET FOX BUSINESS ON THE GO BY CLICKING HERE<\/strong><\/a><\/p>\n<p>Employees based at Mosaic&#8217;s Tampa headquarters and other Florida locations are &#8220;working remotely so they can be safe and focus on their own personal preparation,&#8221; according to the statement. The company said it is also communicating with its customers &#8220;so they&#8217;re aware of any impact to services.&#8221;<\/p>\n<p>&#8220;In anticipation of substantial impact from Hurricane Ian, we have taken the appropriate steps to protect our people, mines, plants, port facilities and administrative offices,&#8221; Mosaic said in another statement to FOX Business.<\/p>\n<table class=\"stock-fundamentals\">\n<thead>\n<tr>\n<th class=\"ticker\">Ticker<\/th>\n<th class=\"security\">Security<\/th>\n<th class=\"last\">Last<\/th>\n<th class=\"change\">Change<\/th>\n<th class=\"percent\">Change %<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td class=\"ticker\"><a href=\"https:\/\/www.foxbusiness.com\/quote?stockTicker=MOS\">MOS<\/a><\/td>\n<td class=\"security\">THE MOSAIC CO.<\/td>\n<td class=\"last\">48.47<\/td>\n<td class=\"change pos\">+1.91<\/td>\n<td class=\"percent pos\">+4.09%<\/td>\n<\/tr>\n<tr><\/tr>\n<\/tbody>\n<\/table>\n<p>Hurricane-related disruptions to the fertilizer supply could potentially cause food prices, already slammed by <a href=\"https:\/\/www.foxbusiness.com\/category\/inflation\" target=\"_blank\" rel=\"noopener\">inflation<\/a>, to climb even more, as many farmers utilize them to help <a href=\"https:\/\/www.foxbusiness.com\/category\/agriculture\" target=\"_blank\" rel=\"noopener\">grow crops<\/a>. <a href=\"https:\/\/www.foxbusiness.com\/category\/fox-business-weather\" target=\"_blank\" rel=\"noopener\">Extreme weather conditions<\/a> for farmers, supply chain issues and geopolitical tensions are some factors that have contributed to food prices rising, FOX Business <a href=\"https:\/\/www.foxbusiness.com\/lifestyle\/food-prices-could-surge-higher-extreme-weather-hurts-farmers\" target=\"_blank\" rel=\"noopener\">previously reported<\/a>.<\/p>\n<div class=\"inline image-ct\">\n<div class=\"m\"><source media=\"(max-width: 767px)\" \/><source media=\"(min-width: 768px) and (max-width: 1023px)\" \/><source media=\"(min-width: 1024px) and (max-width: 1279px)\" \/><source media=\"(min-width: 1280px)\" \/><img decoding=\"async\" src=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-content\/uploads\/2022\/09\/TOMATOPIC2.jpg\" alt=\"California farmer picks tomatoes, warns of shortages\" \/><\/div>\n<div class=\"caption\">\n<p><span>California farmer Bruce Rominger said there hasn&#8217;t been enough of rain this harvest season, causing the tomatoes to ripen unevenly.\u00a0<\/span><span> (Fox News \/ Fox News)<\/span><\/p>\n<\/div>\n<\/div>\n<p><a href=\"https:\/\/www.foxbusiness.com\/economy\/august-inflation-breakdown-where-are-prices-hitting-americans-hardest\" target=\"_blank\" rel=\"noopener\"><strong>AUGUST INFLATION BREAKDOWN: WHERE ARE PRICES HITTING AMERICANS THE HARDEST?<\/strong><\/a><\/p>\n<p>Food prices in the consumer price index in August rose 0.8% from July and have spiked 11.4% from a year ago, <a href=\"https:\/\/www.bls.gov\/news.release\/cpi.nr0.htm\" target=\"_blank\" rel=\"nofollow noopener\">according to<\/a> the Labor Department.<\/p>\n<p><a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2022-09-27\/ian-threatens-us-fertilizer-output-risking-more-food-inflation\" target=\"_blank\" rel=\"nofollow noopener\">Bloomberg<\/a> was first to report on Mosaic&#8217;s Florida footprint.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Florida governor Ron DeSantis holds briefing as state braces for Hurricane Ian. Food prices could spike as Hurricane Ian approaches Florida and threatens to disrupt the<\/p>\n","protected":false},"author":1,"featured_media":1661966,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"","fifu_image_alt":"","footnotes":""},"categories":[],"tags":[],"class_list":["post-1661964","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry"],"_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1661964","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=1661964"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1661964\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/1661966"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=1661964"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=1661964"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=1661964"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}