Yep. The fundamental problem has actually always been that you cannot support the current number of living human beings at their current standard of living without petrochemical fertilizers.
Theoretically if we had globally embarked on some kind of mass agricultural campaign to entirely restructure the food production and global distribution mechanism starting maybe 30 or 20 years ago, we might have stood a chance.
But that never would have happened anyway. Too many people would have had their livelihoods ruined and/or their standard of living decreased to the point theyd revolt or politically prevent this from happening.
Oh well I guess, good luck with the next few decades everyone, its only going to get worse.