“Schafer told the International Food Aid Conference meeting here that global wheat stocks are at historic 30-year lows and US wheat stocks are at 60-year lows. Against that background, the highly virulent African stem rust is quickly spreading to places such as Uganda, Ethiopia, Yemen, India, Pakistan and now Iran. With over 75 per cent of US wheat acres planted to varieties that are highly susceptible to this disease, the threat here at home is real and it is urgent, he said.”
I wonder if there’s any way to find out how much Mr. Schafer has invested in grain futures?
I noticed that you inadvertently left his title out.
"US Agriculture Secretary Edward Schafer"