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Wheat and Rice prices about to skyrocket here in the USA

Posted on 4/1/22 at 11:24 am
Posted by theunknownknight
Baton Rouge
Member since Sep 2005
60011 posts
Posted on 4/1/22 at 11:24 am
*non-sourced insider info warning*

Wheat bushels set to increase in price 175%
Potash fertilizer set to increase in price 200%
11 month worldwide rice supply down to 4 months

Why?

An issue of maxing out what we can produce vs population.

- Ukraine accounted for 20% of wheat exports.
- Russia, china, Belarus, and Ukraine account for over 50% of potash fertilizer

Makes you wonder if there is WAY more to this story
Posted by jawnybnsc
Greer, SC
Member since Dec 2016
5858 posts
Posted on 4/1/22 at 11:27 am to
SUBMIT!!!
COMPLY!!!
Posted by keakar
Member since Jan 2017
30152 posts
Posted on 4/1/22 at 11:27 am to
quote:

Wheat and Rice prices about to skyrocket here in the USA


no worries, dimrats will just print another $5 trillion of brand new dollars because that always fixes everything
Posted by Darth_Vader
A galaxy far, far away
Member since Dec 2011
71790 posts
Posted on 4/1/22 at 11:29 am to
quote:

no worries, dimrats will just print another $5 trillion of brand new dollars because that always fixes everything


They better make them edible for it to do any good.
Posted by EasterEgg
New Orleans Metro
Member since Sep 2018
5266 posts
Posted on 4/1/22 at 11:30 am to
rice famine = sad cajuns
Posted by LSUfan20005
Member since Sep 2012
9119 posts
Posted on 4/1/22 at 11:31 am to
Ridiculous fertilizer prices will cause medium size farmers to plant less acres, also increasing prices due to less supply. Also expect older farmers to sell land.
Posted by EagleEye99
Member since Dec 2017
3172 posts
Posted on 4/1/22 at 11:31 am to
What about malted barely and hops? Asking for a friend.
Posted by Bearcat90
The Land
Member since Nov 2021
2955 posts
Posted on 4/1/22 at 11:34 am to
I don't trust anything in this post.

I can tell you firsthand that potash is a primary source of fertilizer material used at the downstream chemical plants at the refineries I go to regularly.

The vast majority of WORLDWIDE potash comes from Canada, specifically from the Saskatchewan region.

I will source a reference:

Potash in Canada: Everything You Need to Know
This post was edited on 4/1/22 at 11:35 am
Posted by deltaland
Member since Mar 2011
99912 posts
Posted on 4/1/22 at 11:34 am to
You will eat the bugs
You will live in the pod
You will own nothing
You will be happy
Posted by loogaroo
Welsh
Member since Dec 2005
39196 posts
Posted on 4/1/22 at 11:39 am to
I could see wheat short term but not rice.

I doubt we will ever see $30 rice.
Posted by WildTchoupitoulas
Member since Jan 2010
44071 posts
Posted on 4/1/22 at 11:42 am to
quote:

Ridiculous fertilizer prices will cause medium size farmers to plant less acres

Leaving those rice fields available for more crawfish!

Crawfish prices fixin to drop, baws!
Posted by theunknownknight
Baton Rouge
Member since Sep 2005
60011 posts
Posted on 4/1/22 at 11:48 am to
This came straight from the source so believe whatever website you want

I’m not exactly a defender of the deep state “make you feel good until we have control” positions on here
Posted by Nosevens
Member since Apr 2019
16927 posts
Posted on 4/1/22 at 11:54 am to
Look man , food is to cheap and it’s not like everyone needs it .
Posted by Churchill
Member since Apr 2009
622 posts
Posted on 4/1/22 at 12:07 pm to
It is $26 a barrel right now.
Posted by Tchefuncte Tiger
Bat'n Rudge
Member since Oct 2004
62411 posts
Posted on 4/1/22 at 12:09 pm to
quote:

11 month worldwide rice supply down to 4 months


Good. Maybe we'll plant more rice, vice sugar cane, in Louisiana.
Posted by omegaman66
greenwell springs
Member since Oct 2007
26239 posts
Posted on 4/1/22 at 12:16 pm to
Louisiana has lost a lot of Rice production capability because the wells in SW Louisiana have grown more and more salty as the amount of water pumped has been to great for decades.
Posted by Bearcat90
The Land
Member since Nov 2021
2955 posts
Posted on 4/1/22 at 12:20 pm to
quote:

This came straight from the source so believe whatever website you want

I’m not exactly a defender of the deep state “make you feel good until we have control” positions on here


Agree with you. You're a goof poster, so it's not that I don't trust you.

But if they can get this fact about potash so grossly incorrect, I don't trust that there was any legitimate fact checking done at all.
Posted by bbvdd
Memphis, TN
Member since Jun 2009
27991 posts
Posted on 4/1/22 at 12:27 pm to
quote:

I don't trust anything in this post.

I can tell you firsthand that potash is a primary source of fertilizer material used at the downstream chemical plants at the refineries I go to regularly.

The vast majority of WORLDWIDE potash comes from Canada, specifically from the Saskatchewan region.

I will source a reference:


You do realize that agriculture is a worldwide industry?

Yes, 85% of the potash in the US comes from Canada. However, if you take out the 2nd and 3rd largest producers, other countries will come into the market trying to buy Canada's supply.

Supply and demand is a real thing.

Posted by Sasquatch45
Earth
Member since Jul 2021
1850 posts
Posted on 4/1/22 at 12:29 pm to
Just go buy a electric vehicle
Posted by SirWinston
PNW
Member since Jul 2014
99799 posts
Posted on 4/1/22 at 12:37 pm to
Keto AF I'll just keep eating that grass fed / grass finished 80/20 hamburger patty with mayo
This post was edited on 4/1/22 at 12:38 pm
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