AS though Filipino farmers and consumers did not already face enough threats to the stability of our agricultural system and food supply, there is growing concern about the global supply of phosphorus, a critical ingredient in fertilizer. With research indicating phosphorous supplies could begin running out as early as next decade, the Philippines will need to work quickly to find alternatives in order to avert a serious food crisis.
This drives up prices for phosphorus, as does competition for supplies for the increasing manufacture of lithium iron phosphate batteries. Global phosphorus prices experienced an almost 800-percent spike in 2008, moderated for a time, but then jumped another 400 percent last year due to Covid-related trade bottlenecks.Scientists are unsure how long the world's supply of phosphorus will last.
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