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re: Why your prices have gone up… an anecdote
Posted on 10/10/22 at 10:44 am to deltaland
Posted on 10/10/22 at 10:44 am to deltaland
quote:
Flour is made from wheat. Wheat supply has been short thanks to Russia
The US is a net exporter of Wheat by a very large margin.
LINK
The US exported 810 million bushels of wheat and imported 100 million bushels in 2021/2022.
Wheat supply is not an issue in the United States.
quote:
Wheat production in the U.S.
In 2018/2019, the United States had the fifth largest production volume of wheat worldwide, at 51.29 million metric tons. Within the United States, a handful of states produce a large share of the country’s wheat. In 2018, North Dakota was the U.S. state that cultivated the highest volume of wheat, followed by Kansas and Montana.
Global wheat trade
About 179.5 million metric tons of wheat were exported worldwide in 2018/2019, down from 182.6 million metric tons in the previous year. Over the last several years, the United States has been the second leading exporter of wheat, flour, and wheat products in terms of export volume, behind Russia but ahead of Canada. Russia exported some 39.5 million metric tons of wheat and flour in the 2017/2018 fiscal year. In that time period, Egypt and Indonesia were tied as the top importers of wheat, flour, and wheat products at 12.5 million metric tons each.
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