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Royal A. Purdy
Innovative Pastoralist explains him Best!
Innovative Pastoralist explains him Best!
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The loon wails:

Then there is the impending shortage of two fertilizers: phosphorus (phosphate) and potassium (potash). These two elements cannot be made, cannot be substituted, are necessary to grow all life forms, and are mined and depleted. It’s a scary set of statements. Former Soviet states and Canada have more than 70% of the potash. Morocco has 85% of all high-grade phosphates. It is the most important quasi-monopoly in economic history.

What happens when these fertilizers run out is a question I can’t get satisfactorily answered and, believe me, I have tried. There seems to be only one conclusion: their use must be drastically reduced in the next 20–40 years or we will begin to starve.

There are a couple hundred years worth of reserves. That means that there is a whole lot more of each but that no one is looking for it since there is no need. It also means that only the deposits that are economically viable with existing technology are counted, and we have seen how the peak oil claims have fallen apart due to new development.

Prices will rise, as we should expect, but if anyone starves it won't be due to shortages of nutrients. 
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