I’m told by a trader that world wide, grain silos have been emptied. Next year there won’t be any surplus. It will be a world wide bidding war for grain. Those that can not afford grain, will bid up corn, soybeans.
It will be good for farmers, farm economies, exports.
Expect higher bread, cereal, chicken, beef and pork prices. Don’t be expecting your boss to give you a raise, either. And tough cookie for welfare, SSI people.
Our transportation business is 99% agricultural bulk commodiites.
We’ve never been so busy for August in 30 years. Something’s up!
Wheat harvest was not good here. The corn and beans are looking fine so far.
The typical fall fertiliaer fill up is going on now.
The UK which is going through final stages of Islamification is suffering where English people (whites) who do not get endless freebies like asylum seekers (muslims) are search for food bargains. Like squirrel. The UK will become an even nastier place as the invaders population booms.
This was all done by the Labour Party and left media including Rupert Murdoch (Fox News). The same thing is happening in America. Keep watching TV folks cause TV helps them.
Russia has had another disaster in agriculture this summer, with unseasonably warm temperatures and drought. Moscow is currently under a smothering blanket of smog from raging wildfires.
Last week, the Russians announced they were stopping all wheat exports. India has been rumored to be already hoarding grain in anticipation of supply problems --- they were hit hard a few years ago when a similar situation developed.
Russia wildfires: Thick, toxic smog chokes Moscow residents
Fires Still Burning Around Moscow