Showing posts with label Wheat. Show all posts
Showing posts with label Wheat. Show all posts

Friday, May 27, 2022

Putin using Food as his new weapon

Russia Pledges to Maybe Not Starve Millions to Death if Sanctions Are Lifted

One of the side effects of war is economic dislocation. No matter what Vladimir Putin chooses to call his war in Ukraine, it is a war, and it is dislocating markets worldwide. Most of the attention has been on the potential disruption of Russian oil and gas supplies to Europe, but a more significant problem than cold Euros is looming.

Ukraine is one of the world’s leading exporters of wheat and sunflower oil. Because of Putin’s War, Ukrainian products can’t pass through the Black Sea to get to market.

To make matters worse, Russia has closed areas of the Black Sea to all traffic from all nations, no matter what the ships are carrying.

Read about it...

Wednesday, May 25, 2022

Global Crop Prices Soar

They Just Said We Only Have Ten Weeks Of Wheat Left….

With famine comes political destabilization

The world has only about 10 weeks of wheat supplies left in storage amid the conflict in Ukraine and India has moved to bar exports of wheat in recent weeks, a food insecurity expert revealed.

The ongoing war among the TOP wheat exporters in the world, put out food supply at greater risk. Russia is the world’s largest wheat exporter while Ukraine is the sixth-largest exporter.

David Beasley, executive director of the World Food Program, said the world is now facing “an unprecedented crisis,” noting that 49 million people in 43 nations are “knocking on famine’s door.” [2020conservative]

Do you think Biden will wait to the last minute to figure this one out like the baby formula fiasco?