Posted on 05/14/2022 7:37:27 AM PDT by srmanuel
India this morning has banned all wheat exports for 2022. India is a large producer of wheat but not a large exporter of wheat, according to this article with the war in Ukraine and the global price of wheat exploding, India was looking to export a large amount of wheat to capitalize on the price increase, all that stopped today. I don't want to read too much into this issue, if you look at Sri Lanka, they are in near civil war over food security, we don't have baby formula, it will be interesting to what happens on the summer in Africa and South and Central America as food prices continue to rise and food becomes less available.
(Excerpt) Read more at theguardian.com ...
Remember that many told us about economy based on commodities and not dollars.
The world is changing folks.
Damn Russians ruined all of our globalist plans.
Rice and beans...
Stock upon sardines, canned tuna, and crackers.
The worst is just around the corner.
Soooo...will we be sending our wheat around the world (like formula to illegals?)
Indian government putting India First. Can’t blame them.
Can we ban all Indians for security threat?
I’ve got most of a year supply of food in my pantry.
Neocons love this sh!t.
Yes, our food will be exported to other countries because the Democrats are the party of punishment. If you are an American you are from a white supremacist country, you deserve to be punished. No food for you. No baby formula for your child.
What's the matter with people who don't do this?
Prices in our grocery stores are going up. Two dollar increase on eight-pack of paper towels.
Biden has instructed American farmers to grow a type of corn used to make alcohol...to lower fuel costs. My understanding is this type of corn is not good for human consumption.
Never underestimate Joe’s capacity to f*** things up. (B. Obama.)
Take a look at this wheat futures chart. The markets anticipated this move by India earlier this week. Wheat was up a dollar.
https://quotes.ino.com/charting/?s=MGEX_@MW.N22
It would be a good idea for FReepers to fill the pantry with pasta. You will get a great rate of return.
This is the first time in the history of Homo Sapiens where governments declared war on their own people and civilization.
That is what the “Western democracies” are doing.
The anarchists are winning.
“””Biden has instructed American farmers to grow a type of corn used to make alcohol...to lower fuel costs. My understanding is this type of corn is not good for human consumption.”””
That is true in that the corn used to make ethanol is not the sweet corn we enjoy eating.
Too the extent farmers plant ethanol corn instead of corn for eating means a higher price for eating corn. It also means higher meat prices as the ethanol corn is not available to feed the cattle, pigs, and chickens.
When Biden increased the ethanol content of gasoline from 10% to 15% all it did was to make food more expensive.
It also increased the damage to ICE vehicles.
Biden has instructed American farmers to grow a type of corn used to make alcohol...to lower fuel costs. My understanding is this type of corn is not good for human consumption.
Regarding the type of corn. Yield has been the mgt goal for quite a time and is an important one. Quality is a different factor and changed quite a bit.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.