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Source: Tyne Morgan, THE PACKER, 10/18/21
Equipment manufacturer CNH announced it’s idling production in Europe due to a shortage of semiconductors. Fertilizer prices are nearing new highs, with concerns mounting about whether enough supplies will reach the U.S in time for planting next spring. The supply chain issues are becoming one of the biggest concerns for agriculture, and some economists say as the bottlenecks reach a critical point, it could take at least a year to remedy the chaos currently taking hold of the global supply chain.
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