Posted on 03/25/2022 6:29:45 AM PDT by blam
In September 2020, Michael Every of Rabobank floated the question: What possible disruption is coming that requires China to start massive stockpiling of all possible commodities?
It was no secret by 2021, China panic hoarded half of the world’s maize and other grains resulting in increased food inflation.
China’s buying spree of all commodities left many market observers puzzled by Beijing’s stockpiling motives. Now we understand the second-largest economy in the world was forecasting a global catastrophe of widespread famine due to disrupted food supply chains.
Global food supplies were already tight on a post-COVID basis due to snarled supply chains and adverse weather conditions in key growing areas worldwide. The Ukraine invasion by Russia was a shock. It fractured global food supply chains and sent food prices to record highs with the very risk shortages will materialize in emerging market economies dependent on the eastern European country.
Ukraine is one of the world’s largest agricultural exporters of corn and wheat. Before the invasion, Ukraine was the second-largest supplier of grains for the European Union and one of the largest suppliers for emerging markets in Asia and Africa. Breaking down the numbers, Ukraine produced 49.6% of global sunflower oil, 10% of global wheat, 12.6% of global barley, and 15.3% of global maize. This year harvest will be severely reduced because of war.
Last week, the United Nations (UN) World Food Programme (WFP) warned that disruptions in Ukraine “risk imminent famine and starvation in more places around the world.”
So it’s apparent President Xi Jinping made the right decision in prioritizing food stockpiling ahead of the global food supply chains fracturing. However, Xi has an emerging food production problem.
Bloomberg cites Tang Renjian, China’s agriculture minister, who warned that last year’s record-breaking floods had sparked “big difficulties” with food production.
“China faces big difficulties in food production because of the unusual floods last autumn.
“Many faming experts and technicians told us that crop conditions this year could be the worst in history,” he said.
Next, food protectionism may flourish in agricultural-centric countries that want to first satisfy domestic supplies before exporting. This is already beginning and may increase food prices and induce shortages.
Yep, China has bought up a lot in the states too, as has some group, can’t remember the name now- overseas group I beleive. It’s almost like the left don’t want America owned by Americans anymore (well, except for them, they get to own and control whatever they want)
Pretty soon we will see “no trespassing” signs on large tracts of land, written in Chinese.
And the overblown reactions to these events are globally synced. The entire world, led by Western countries, locked down for something no worse than the flu.
Our election was stolen for a flu.
Australians were locked up, hunted down for a flu.
Now some regional skirmish is going to cause a global food shortage and Lawrence Fink, CEO of Blackrock, says this Ukraine/Russia thing will usher in Central Bank Digital Currency more quickly. Good thing a lot of places already have their covid passport system in place. They have a head start. Just add digital currency to the existing apps.
“Sorry sir but you can’t shop here.”
“But I’m fully vaccinated”
“Oh it’s not that. It’s something you said on twitter.”
In the government/people relation, famine is usually a deal breaker.
I’m just saying that it’s happening elsewhere. Europe is cutting their use of the evil fossil fuels as well. It’s no coincidence.
“... Ukraine produced 49.6% of global sunflower oil, 10% of global wheat, 12.6% of global barley, and 15.3% of global maize.”
That dinky country is responsible for that much?
Who knew...
That's refreshing. An article that blames something other than "global warming" for problems.
Blackrock, that was the other name I couldn’t remember.
[[usher in Central Bank Digital Currency more quickly]]
Thatnis a very bad deal. End times antichrist stuff. Like,you’d said, they Will gain massive control over people if that happens, and be able to deny anyone anywhere the right to shop.
The world is onmthe verge of something g truly evil. We are hanging on to what was a very good way of life y the skin of our teeth now, and the left are on the verge of destroying everything g we knew and loved and which made our lives enjoyable, comfortable, and much easier... capitalism.
Centralized digital banking is communism, and far too many people think it woul be just marvelous to have one card that ‘does so much’..
Th3y were once the 3’rd largest nuclear weapons owner too I beleive, before Russia conned them into giving them all up- and now we see why Russia conned them
Disruptions in Ukraine “risk imminent famine and starvation in more places around the world.”
As the MSM calls it another Biden build back better success story.
Utopia rainbows and unicorns nearing
Pollard is correct.
This is worldwide, not just the US.
The marching orders are coming from the World Economic Forum.
The world is onmthe verge of something g truly evil. We are hanging on to what was a very good way of life y the skin of our teeth now, and the left are on the verge of destroying everything g we knew and loved and which made our lives enjoyable, comfortable, and much easier... capitalism.
Again, we used to have a 3 year reserve of grain. Why did it go away?
Wal-Mart has been stocking canning jar lids lately.
Now is the time to get them. Once summer comes and people suddenly realize that they need canning supplies, it’ll be a repeat of 2020. You won’t be able to find them for love or money.
Jars are still in short supply though.
As an aside, these work well.
Tattler Reusable Canning jar lids.
https://www.reusablecanninglids.com/
I have some and have used them and they work pretty well. I had a little more trouble with failures than with the Ball lids, but if you run out of Ball, these are going to be far better than nothing. And I have a couple old jars of applesauce I am hanging on to to see just how long the Tattlers last for. They are going on 12 years and still good.
And they don’t rust.
It’s the ultimate lockdown. Dead people can’t get COVID. Fauci will be so pleased.
Yeah you’re right, I checked this morning and was shocked to find them fully stocked, so I will be grabbing them asap
I was lucky, someone gave me a bunch of jars a couple of years back
Thanks for that info, i will tell my mom who still cans. She ahd a dickens of a time getting jars jast year- lids too,I think
I’ll buy em off ya for a 1000 Canadian nickles 😆
Kyle, is that you?
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