Food Crisis Imminent: Hungary Bans All Grains Exports Effective Immediately
Every man for himself! It Seems the World's governments are batting down the hatches for the worst situation with The New conditions unfolding. The pie is now smaller and cut very differently now.
serf
https://www.zerohedge.com/commodities/russia-recommends-fertilizer-makers-halt-all-exports
Just hours after we reported that Russia effectively banned exports of fertilizers, moments ago Hungary - one of Europe's most grain rich nations - has circled the wagons and realizing which way the wind is blowing, just announced that it will banning all grain exports effective immediately, in a statement .
Expect wheat prices, already at record highs, to promptly double from here in the next few weeks as the world realizes the extent of the global food crisis that is coming.
Our suggestion: buy flour, rice, barley and any other grains you can now, rather than waiting one month to buy them because you have to.
I looked, and there before me was a pale horse! Its rider was named Death, and Hades was following close behind him. They were given power over a fourth of the earth to kill by sword, famine and plague, and by the wild beasts of the earth.
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The U.S. is the worlds largest food exporter and has been for decades. If some countries halt food exports, two likely results will occur. On the positive side the value of our exports will rise dramatically and provide much needed income to farmers and reduce our trade deficit. On the negative side, while we won't have shortages here in the U.S., higher export prices will also mean higher domestic prices. There are very few developed countries that aren't at least moderately self sufficient in agriculture so for them the effects will be minimal. The third world is where the serious problems will arise as threats of famine will probably lead to localized wars. Putin's invasion of Ukraine is the gift that just keeps on giving. Hopefully someone will collect the million dollar bounty on him soon. Bob
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It's fertilizer and burned out (No nutrition)unproductive land with changing weather patterns too. Drip irrigation with vegetables stacking growing system may help but you are right,all of it will cost more and with inflation ,well it's a perfect storm for food security.
serf
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Lets not forget the price of fertilizer doubled because the price of natural gas used to make it has gone thru the roof thanks to the actions one single man: Joe Biden
DBMIVFT
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chiefr: 30495555205659/comments/30495540363419
Lets not forget the price of fertilizer doubled because the price of natural gas used to make it has gone thru the roof thanks to the actions one single man: Joe Biden
DBMIVFT
Add in the threat today of Russia halting fertilizer exports and even if gas prices went down there will be no relief in fertilizer cost. It's going to hurt them, the Russian economy, more than us but that won't help when we see the prices at the grocery store. Bob
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we used to have several fertilizer plants here in Ms. the EPA put them out of business
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varian: 30495555205659/comments/30495574781851
we used to have several fertilizer plants here in Ms. the EPA put them out of business
China, Russia, and Mexico benefited substantially from the EPA.
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BobJudy: 30495555205659/comments/30495540428187
https://forums.gunbroker.com/discussion/comment/11329168#Comment_11329168
Add in the threat today of Russia halting fertilizer exports and even if gas prices went down there will be no relief in fertilizer cost. It's going to hurt them, the Russian economy, more than us but that won't help when we see the prices at the grocery store. Bob
Dont be surprised if Biden makes a deal with Putin, after all we are still buying Russian oil.
Also, heard rumor we are now going to buy Iranian and Venezuelan oil.
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chiefr: 30495555205659/comments/30495540654107
https://forums.gunbroker.com/discussion/comment/11329180#Comment_11329180
Dont be surprised if Biden makes a deal with Putin, after all we are still buying Russian oil.
Also, heard rumor we are now going to buy Iranian and Venezuelan oil.
I always thought oil prices is an international cartel and whoever pumps the most or can ,controls the price? Governments are just addicted to it.
Now with The Great Global Reset and The new green deal joined at the hip there are new parameters to wean off the stuff which will hurt the cartels,but the transition is going to be erratic with the supply and the fiat money exchange for it is becoming more problematic with the USA petrol reserve dollar dumping trillions more units in debt and becoming weaker with it's progressive politics and new equity socialism with Taxation increases.
America has no more room to play with other than using new super weapons on foes. Which I doubt they would use unless forced by a competing power.
A,I. with fusion power is the only safety valve that could bring us back to good old days again but of course with a cashless digital society world wide for distribution of assets controlled by the NWO that can (establish) it and deliver it.
serf
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north korea has the answer ..go poop in the fields the farm show this morning was showing fields down in south america ,,they look like crap they are dry down there like our west of the mississippi,
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