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Grain Prices Soar to Highest in Six Decades, Spark Concern of Food Shortages
Breitbart ^ | 03/09/2022 | Penny Starr

Posted on 03/09/2022 1:12:07 PM PST by ChicagoConservative27

The Russian invasion of Ukraine has laid bare the world’s dependence on Russian President Vladimir Putin and its neighbor now under siege, including the fact that the two countries supply much of the grain needs around the globe and prices for grain are now the highest they have been in six decades.

Russia and Ukraine provide 29 percent of global wheat exports, 19 percent of global corn supplies, and 80 percent of the global sunflower oil exports

(Excerpt) Read more at breitbart.com ...


TOPICS: Business/Economy; Culture/Society; Government; Politics/Elections
KEYWORDS: biden; bread; corn; food; foodshortage; grain; prices; putin; soar; sunfloweroil; wheat; zelensky
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To: hardspunned
The American farmer, unleashed, with a little fertilizer, gas and water could probably make up the difference.

Except thyere ain't gonna BE enough to fertilize all the corn we normally grow.

The cynic would assign control of so much of the lobal food trade as reason enough for Putin to take over Ukraine.

Between wheat and oil/natgas Russia becomes an all-powerful player on the world stage, as long as the USA stays on the sidelines as the puppeteers behind Biden want us to do..

21 posted on 03/09/2022 1:56:38 PM PST by Chad C. Mulligan (qd4)
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To: ChicagoConservative27
This embargo and trade restrictions talk is all nice... and it's without consequence if the West unites against some small tin pot regime in the Caribbean.

But when you try to do that with Russia, there is a boomerang. They are so big and provide critical and strategic resources like oil, gas, titanium, platinum, wheat... that any embargo against them will also cut into our flesh.

22 posted on 03/09/2022 1:59:18 PM PST by Red6
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To: LibsRJerks

Yeah, we grow lots of corn, to put in our cars.


23 posted on 03/09/2022 2:04:29 PM PST by Trailerpark Badass (“There should be a whole lot more going on than throwing bleach,” said one woman.)
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To: LibsRJerks

Don’t forget about Eastern Washington. IIRC, they’re one of the 10th largest wheat producers in the world.


24 posted on 03/09/2022 2:05:29 PM PST by Night Hides Not (Remember the Alamo! Remember Goliad! Remember Gonzales! Come and Take It!)
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To: ChicagoConservative27
Ukraine Bans Wheat & Grain Exports Vital To Global Food Supply, Citing Citizens Under Siege
25 posted on 03/09/2022 2:05:31 PM PST by blam
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To: ChicagoConservative27

So let’s keep using grain for fuel! /s


26 posted on 03/09/2022 2:11:08 PM PST by fruser1
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To: ChicagoConservative27

China was way ahead. They told their people to stock grains months ago. That’s where the price increase started.


27 posted on 03/09/2022 2:21:06 PM PST by bgill (Which came first, the vax or the virus?)
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To: Chad C. Mulligan

Yeah, I used to think the North American grain farmer could show OPEC what for. Imagine developing and harnessing the world’s most productive farmers, land (if they can get fertilizer), machinery and farm technology and using that capacity to manipulate the world’s production of food. Or the North American grain farmer could just feed the world, if given proper support.


28 posted on 03/09/2022 2:22:20 PM PST by hardspunned (former GOP globalist stooge)
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To: bgill

As a wise man on CNBC said about a decade ago:

China has central planning by scientists, engineers, and mathematicians, and the US has central planning by lawyers. Neither one is good, but by definition we lose.


29 posted on 03/09/2022 2:23:00 PM PST by nascarnation (Let's Go Brandon!)
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To: ChicagoConservative27

Yet another Reason that Putin shouldn’t be allowed to take Ukraine.

Instead of competitors you would have one country with a near monopoly on grain.


30 posted on 03/09/2022 2:24:49 PM PST by DannyTN
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To: LibsRJerks
Grain from Russia? Whatever happened to Iowa? Nebraska?

America grows and exports corn.

'Nother thing - Ukraine has warm-water ports on the Black Sea, making bulk wheat exports much easier than by rail.

One of the geopolitical advantages the USA enjoys is that its' huge corn/wheat/soybean farming land, which the largest contiguous grain-growing area in the world, is traversed by the Mississippi drainage, enabled cheap transport of grain to world markets through New Orleans.

Look at a map of the Mississippi drainage:

https://en.wikipedia.org/wiki/File:Mississippiriver-new-01.png

Russia has nothing like this. Ukraine sorta-kinda does, (the Dnieper River).

31 posted on 03/09/2022 2:25:38 PM PST by Chad C. Mulligan (qd4)
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To: ChicagoConservative27

Exactly what @$$hole Biden wants. Him and his masters want to destroy America. Destroy the very citizens of this nation. Gas, good, utility bills have costed us over $200 extra these past two months. The gas station we use has jumped 79 cents in the past five days!!! Our food bill has shot up $70 per week the past three weeks. Our light bill has jumped $45 each month the past two months. Every stinking utility bill we have has jumped. I am about to drastically cut back on the number of channels we have on DirecTV because they have jumped their costs. This is going to destroy every person’s ability to take care of their homes, families, health care, you name it. We have three doctor’s appointment that we are going to have to drive 150 miles round trip in the next 8 days. Gonna be fun filling up for every stinking one of those!!!


32 posted on 03/09/2022 2:31:50 PM PST by RetiredArmy (Free Will. GOD gives you the choice I accept or reject Him! Choose Him. It depends on you.)
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To: LibsRJerks

How much land is being cultivated for corn because of the ethanol mandates? I remember the good old days when Jimmy Carter was selling wheat to the Russians because they couldn’t feed themselves. Now the situation is reversed?


33 posted on 03/09/2022 2:46:50 PM PST by Tallguy
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To: ChicagoConservative27

It makes a REAL difference WHO is president.


34 posted on 03/09/2022 3:07:07 PM PST by faucetman (Just the facts, ma'am, Just the facts )
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To: Night Hides Not; Trailerpark Badass

China’s winter wheat crops have failed and our winter wheat crop areas are mostly in a drought. Earlier this week Wheat went up something like 200% to 300%.


35 posted on 03/09/2022 3:19:09 PM PST by El Laton Caliente (NRA Life Member)
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To: ChicagoConservative27

We used to supply a lot of the world’s grains; Ethanol-infused gasoline killed that, along with other factors.


36 posted on 03/09/2022 3:26:27 PM PST by Carriage Hill (A society grows great when old men plant trees, in whose shade they know they will never sit.)
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To: ChicagoConservative27

Haber Bosch Process
https://www.thoughtco.com/overview-of-the-haber-bosch-process-1434563
Its going to get far worse unless Biden and his ship of fools are gone soon.


37 posted on 03/09/2022 3:31:49 PM PST by Zathras
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To: bgill
"China was way ahead. They told their people to stock grains months ago."

Yes....I remember that too.

38 posted on 03/09/2022 3:50:36 PM PST by blam
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To: Tallguy

Roughly 40% of the US corn crop goes to ethanol. If we eliminated the ethanol requirement, we would have no grain shortage.

https://www.agriculture.com/news/business/ethanol-market-is-disturbing-as-hell-to-american-farmers-and-now-there-s-covid-19


39 posted on 03/09/2022 4:04:11 PM PST by SauronOfMordor (A Leftist can't enjoy life unless they are controlling, hurting, or destroying others)
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To: LibsRJerks

They are talking about global exports... That doesn’t mean we are importing any or all of that. But obviously what happens globally affects prices here also.


40 posted on 03/09/2022 4:05:29 PM PST by Trinity5
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