“Tightening Global Supply” — Watch wheat …

Chicago wheat futures gained more ground on Tuesday, with the market climbing for a fourth consecutive session as tightening global supplies underpinned the market.

#wheat

https://www.agriculture.com/markets/newswire/grains-wheat-rises-for-fourth-day-on-tightening-world-supplies-soybeans-firm-0

Russia considering wheat export quota of 9 million tons

Russia, one of the world’s biggest wheat exporters, has been taking steps to slow sales abroad to curb domestic food inflation. It’s also introduced a floating tax on grain exports, though the measures have had limited effects on total seasonal volumes.

However, the decision will be closely watched in the global wheat market, which is facing increasingly tight supplies after crops around the world were hit by droughts, frost and heavy rain.

Benchmark prices in Chicago reached a nine-year high last month.

Watch #wheat …

#FoodPrices #Russia

https://www.bworldonline.com/russia-considering-wheat-export-quota-of-9-million-tons/

BREAKING: Ports close in Ukraine, and just like that, grain exports to much of the world stop:

Ukraine's military has suspended commercial shipping at its ports after Russian forces invaded the country, an adviser to the Ukrainian president's chief of staff said, stoking fear of supply disruption from the leading grain and oilseeds exporters.

Russia earlier suspended the movement of commercial vessels in the Azov Sea until further notice, but kept Russian ports in the Black Sea open for navigation, its officials and five grain industry sources said on Thursday.

Ukraine is a major exporter of corn (maize), much of it destined for China and the European Union. It also competes with Russia to supply wheat to major buyers such as Egypt and Turkey.

#wheat #ukraine

https://www.reuters.com/world/europe/russia-halts-vessel-movement-azov-sea-black-sea-open-2022-02-24/

Wheat prices soar as 1/3rd of the world’s wheat exports come from Ukraine/Russia --

___

Wheat futures prices were up sharply Thursday on the prospect of disrupted supplies and market breakdowns as two of the world’s biggest grain exporters square off.

Between them, Ukraine and Russia account for nearly a third of the world’s wheat exports, according to the U.S. Department of Agriculture, and Kyiv is a major source of grain for such key markets as China, Egypt and much of the Middle East.

#Wheat

https://www.washingtontimes.com/news/2022/feb/24/wheat-prices-soar-exporting-giants-ukraine-russia-/

China announces “We are more than happy to buy Russia’s wheat.” Bear in mind they already have more than half of the world’s stocks, and are now reinforcing their own food security by cozying up to Russia.
____

On Thursday, China’s customs agency approved imports of wheat from all regions of Russia, giving Putin an alternative to Western markets that might be closed under possible sanctions.

Russia is one of the world’s biggest wheat producers but has been shut out of China until now due to concern about possible fungus and other contamination.

The two governments announced an agreement Feb. 8 for China to import Russian wheat and barley after Putin became the highest-profile foreign guest to attend the Beijing Winter Olympics.

#Wheat #China #Russia

https://apnews.com/article/russia-ukraine-europe-russia-china-beijing-c73b5249d313d661ce1836911b1dbc45

Merchant ships hit by missiles; Grain/fert exports STOP in Ukraine/Russia

Ukraine & Russia grains--30% of world global exports--are no longer moving as three merchant ships have been hit by missiles in the Black Sea, including one chartered by Cargill to move grains. Brazil is frantic after fertilizer imports from Russia are threatened. The global food trade is coming to a screeching halt and food prices are exploding even further as the conflict escalates. Christian breaks down the developments from just the last 48 hours in this Ice Age Farmer special report.

#Russia #Ukraine #China #wheat #FoodShortages #WarOnFarms #iafvideo

https://www.iceagefarmer.com/2022/02/25/merchant-ships-hit-by-missiles-grain-fert-exports-stop-in-ukraine-russia/

Youtube: https://www.youtube.com/watch?v=i7SVjmv9R-k

Drought in the wheat growing areas of USA has latest USDA Winter Wheat crop condition estimates at worst in 10 years. China also claims their wheat is the worst on record. Ukraine/Russia not exporting.

Hard Red Winter wheat is nearly half of the overall US wheat production.

Multiple breadbasket failure.

#Wheat #FoodShortages #FoodPrices #GrandSolarMinimum

https://agfax.com/2022/04/04/1st-seasonal-crop-progress-report-shows-lowest-winter-wheat-condition-in-a-decade-dtn/

Huge: India has banned wheat exports that world needed without Ukraine:

Have long said to watch wheat —

India Bans Wheat Exports in Growing Wave of Food Protectionism

India prohibited wheat exports that the world was counting on to alleviate supply constraints sparked by the war in Ukraine, saying that the nation’s food security is under threat. 
Exports will still be allowed to countries that require wheat for food security needs and based on the requests of their governments. All other new shipments will be banned with immediate effect.

#wheat #india

How quickly India changed their tune as the world figures out there isn’t enough good to go around!

From “we can feed the world!” to banning wheat exports in a matter of weeks.

I’d warned things would escalate quickly but it’s still wild to see - and this is straight from the script of Podesta’s Food Chain Reaction Game…

#india #wheat #FoodShortages

Turkey REJECTS Indian wheat shipment claiming it tested positive for Rubella — another way this new “real food is dirty and dangerous” scare is creating food crisis:

#wheat #india #rubella

https://m.timesofindia.com/life-style/health-fitness/health-news/explained-why-was-indias-consignment-of-wheat-rejected-by-turkey-what-is-rubella-disease/amp_articleshow/91959282.cms

Even corporate media warning that world #Wheat supply is problematic:

https://modernfarmer.com/2022/06/global-wheat-supply/

Bad grains harvest forecast for EU - including France, who is usually exporter

Worsens global outlook for #wheat shortages

"The EU is expected to produce almost 5% less wheat this year compared with 2021. It was also forecast to produce 278.8 million metric tons of all grains in the 2022-2023 growing season, down over 4% from last year, because of the dry weather.

Production in France, which is the fifth-largest grower of wheat in the world, was also projected to decline by more than 5%. The country accounts for about 18% of European agricultural production, according to the French Ministry of Agriculture. France is also the fourth-biggest wheat exporter globally.

In addition to dry weather, the country’s agricultural land has been hit with severe storms, that damaged wheat, fruit and vineyard land.

https://www.rt.com/business/556891-eu-bad-harvest-forecast/

🚨 Canada: wheat stocks down 38% year over year.

#canada #FoodPrices #wheat

U.S. winter wheat farmers plant into dust as Plains drought persists

"It's sort of a grim situation," said Kent Winter, who farms in Andale, Kansas, outside Wichita. He said he normally seeds by mid-October but has yet to plant any.

[ IceAgeFarmer note: I have never before seen #wheat trending on twitter … ]

The 2023 U.S. hard red winter wheat crop is already being hobbled by drought in the heart of the southern Plains, wheat experts said.

Planting plans may be scaled back in the U.S. breadbasket despite historically high prices for this time of year, reflecting rising global demand and thin world wheat supplies projected to end the 2022/23 marketing year at a six-year low. The tight supplies have been exacerbated as the conflict in Ukraine has disrupted grain exports from the Black Sea region.

The drought threatens Kansas, the top winter wheat growing state, and Oklahoma in two ways: discouraging farmers who have not yet planted from trying, while threatening crops already in the ground from developing properly.

#wheat #FoodPrices

https://news.yahoo.com/u-winter-wheat-farmers-plant-101038266.html