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re: World Has Only 10 Weeks of Wheat Supplies Left

Posted on 7/6/22 at 4:52 pm to
Posted by jlc05
Member since Nov 2005
33412 posts
Posted on 7/6/22 at 4:52 pm to
quote:

there's no excuse for Americans ever going hungry unless it's intentional by our government.

Prepare thy anus
Posted by Tigers2010a
Member since Jul 2021
3627 posts
Posted on 7/6/22 at 5:17 pm to
quote:

World Has Only 10 Weeks of Wheat Supplies Left
True enough but fortuitously, some of our WEF oligarchs have been collecting tons of insects and converting them into synthetic meat. How fortunate.
Posted by basionok
Member since May 2022
403 posts
Posted on 7/7/22 at 8:22 am to
Ukraine decries Turkey for releasing ship with stolen Ukrainian grain.

The Turkish authorities have released the Russian cargo ship Zhibek Zholy, which they had initially detained upon request from the Ukrainiain authorities.

LINK
Posted by basionok
Member since May 2022
403 posts
Posted on 7/7/22 at 10:26 am to
In 2021, the United Grain Company (UGC) started online auctions at the National Commodities Exchange – with support from the Ministry of Agriculture and the Central Bank of Russia. In less than a year, they showed their effectiveness with trade volumes worth 15.6 billion rubles. This will be our domestic index; we will no longer use indexes from foreign exchanges like the Chicago Mercantile Exchange or the International Futures Market of France. I mean, this is promising and is working successfully, and much of the client base uses this exchange.

The company is also focusing on foreign trade. In 2021, exports amounted to almost 3 million metric tonnes. Our main goal is to fully bypass international trade mediation and work directly with the importing countries. Egypt is probably our main client. Over two agricultural seasons, we ranked highest among Russian exporters with 1.5 million metric tonnes of wheat.

Moreover, with our partners from friendly countries, we are transitioning to payments in national currencies. For example, we have signed several contracts with our Turkish partners. The latest of these, signed in March, is payable in rubles; the overall total will be about 3 billion rubles.

LINK
Posted by Saint Alfonzo
Member since Jan 2019
30258 posts
Posted on 7/7/22 at 10:36 am to
quote:

World Has Only 10 Weeks of Wheat Supplies Left

Sounds like the perfect time to quit eating carbs.
Posted by Penrod
Member since Jan 2011
55514 posts
Posted on 7/7/22 at 11:42 am to
quote:

Our main goal is to fully bypass international trade mediation and work directly with the importing countries

The more of this the better. Like Brexit, this, and anything that breaks the stranglehold of the globalists, is desirable.
Posted by GeauxVols
Franklin
Member since Nov 2007
219 posts
Posted on 7/7/22 at 12:08 pm to
Add water to this list.
Posted by basionok
Member since May 2022
403 posts
Posted on 7/9/22 at 3:32 pm to
Russia deprives 323 million people of food.

According to the EU High Representative for Foreign Affairs Josep Borrell, 323 million people are on the brink of starvation due to the global food crisis exacerbated by Russia's war against Ukraine and the subsequent blocked of Ukrainian ports. Borrell added that a total of 1.2 billion people worldwide are in a vulnerable situation due to "a combination of rising food prices, rising energy prices, and deteriorating financial conditions."

LINK
Posted by basionok
Member since May 2022
403 posts
Posted on 7/11/22 at 10:17 am to
The global population is projected to reach 8 billion on Nov. 15, with India projected to surpass China as the most populous country in 2023.

LINK
Posted by Big Gorilla
Bossier City
Member since Oct 2020
6287 posts
Posted on 7/11/22 at 11:28 am to
quote:

India projected to surpass China as the most populous country in 2023.


Where the frick are they going to live? They are already on top of each other like hamsters.
Posted by kingbob
Sorrento, LA
Member since Nov 2010
70464 posts
Posted on 7/11/22 at 11:29 am to
quote:

Sounds like the perfect time to quit eating carbs.


It takes a lot of grain to feed and fatten cattle and pigs.
Posted by Big Scrub TX
Member since Dec 2013
39854 posts
Posted on 7/11/22 at 11:30 am to
quote:

World Has Only 10 Weeks of Wheat Supplies Left
Prices are down 33% in the past month or two - certainly doesn't seem like supplies would be very low if that were true.
Posted by LSU Grad Alabama Fan
369 Cardboard Box Lane
Member since Nov 2019
14232 posts
Posted on 7/11/22 at 11:39 am to
So do I need to start hoarding all the Cream of Wheat I can buy then?
Posted by udtiger
Over your left shoulder
Member since Nov 2006
115400 posts
Posted on 7/11/22 at 11:43 am to
Russia has an obligation to provide wheat to people actively supplying its opponent in a military conflict?
This post was edited on 7/11/22 at 11:47 am
Posted by basionok
Member since May 2022
403 posts
Posted on 7/11/22 at 11:55 am to
- provide wheat to people actively supplying its opponent in a military conflict.

- Because that's what good people do.
Posted by AggieHank86
Texas
Member since Sep 2013
44345 posts
Posted on 7/11/22 at 11:57 am to
quote:

World Has Only 10 Weeks of Wheat Supplies Left (05/22/2022)
Well, we are three weeks from the deadline.

How are supplies holding up?
Posted by Mike da Tigah
Bravo Romeo Lima Alpha
Member since Feb 2005
61832 posts
Posted on 7/11/22 at 12:06 pm to
Posted by Big Scrub TX
Member since Dec 2013
39854 posts
Posted on 7/11/22 at 12:23 pm to
quote:

Well, we are three weeks from the deadline.

How are supplies holding up?
Prices down 33% from the peak. Just another PT wished-fervently-for negative event that didn't come to pass.
Posted by AggieHank86
Texas
Member since Sep 2013
44345 posts
Posted on 7/11/22 at 12:29 pm to
quote:

Prices down 33% from the peak.
Don't prices for utterly-necessary staples ALWAYS go down when supply dries up?





(sarcasm)
This post was edited on 7/11/22 at 12:36 pm
Posted by tiggerthetooth
Big Momma's House
Member since Oct 2010
64361 posts
Posted on 7/11/22 at 12:35 pm to
quote:

Prices down 33% from the peak. Just another PT wished-fervently-for negative event that didn't come to pass.



This could mean a large part of the market has been cutoff from sanctions, reducing demand.

They probably won't know if there are any issues though until October. Still a ways away.
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