Experience is knowing a lot of things you shouldn’t do.” William S. Knudsen

CNBC | ELZUBI on the Fertilizer and Food Crisis

CNBC | ELZUBI on the Fertilizer and Food Crisis

The rise in global food prices is the result of several overlapping factors.

The most significant drivers include higher energy, fuel, and international shipping costs.

These are compounded by disruptions in supply chains, adverse weather conditions, and volatility in commodity markets.

Energy is not the sole cause, but it is a pivotal factor, as it affects every stage of the food production process.