From the Fertilizer Institute:

"The issue of escalating food prices has emerged as a serious global issue with social, political and economic implications.

Hunger and political instability often go hand in hand, and reports of food riots in Asia and elsewhere in the world are a reminder that feeding the world is of critical importance. The factors that have created the food crises are multiple and complex, including higher global prices for energy. One of the necessary components in the solution is the use of fertilizer to further increase the efficient and environmentally sensitive and responsible production of food for the world.

At the heart of the food price issue is the first ever demand driven food cycle in modern times, including the world's increased demand for more diverse diets. Food demand has outstripped the world's ability to increase food supply resulting in a rapid rise in food prices and local food shortages. Each year, the world's population grows by 80,000,000 individuals and millions of new consumers are becoming wealthy enough to switch, not just from rice to meat based diets, but also to diets that are rich in fruits and vegetables.

Today, the world's grain stocks to use ratio is at its lowest level in 35 years. In eight of the last nine years since 2000, global consumption of grains and oil seeds has exceeded production. We are simply not growing enough food to keep up with world demand. If the world's farmers stopped growing food today, we would only have enough grains in the world's storage bins to feed the world's population for 59 days."

Nobel Peace Prize Winner Dr. Norman Borlaug stated, "This is a basic problem, to feed 6.6 Billion people. Without chemical fertilizer, forget it. The game is over."

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