Even if those differences average out nationally—possibly even globally, when you balance Southern Hemisphere production against the US and Western Europe, or the Americas against Central Europe and Asia—there’s a persistent sense that things are, well, wiggly. Some of the changes in productivity come from farmers’ decisions, like choosing to plant more in order to make up for a dry year, or less to mitigate the fertilizer price hikes created by Russia withholding exports. But some are unquestionably due to […]