Wheat jumps over 4% on Black Sea supply concerns, corn firm
Chicago wheat rose over 4% on Monday on concerns a flare-up in the Russia-Ukraine conflict could create new threats to grain shipments from the Black Sea region
Corn rose on expectations of smaller crops in the U.S. and Europe.
#wheat #FoodPrices
https://www.nasdaq.com/articles/grains-wheat-jumps-over-4-on-black-sea-supply-concerns-corn-firm
Chicago wheat rose over 4% on Monday on concerns a flare-up in the Russia-Ukraine conflict could create new threats to grain shipments from the Black Sea region
Corn rose on expectations of smaller crops in the U.S. and Europe.
#wheat #FoodPrices
https://www.nasdaq.com/articles/grains-wheat-jumps-over-4-on-black-sea-supply-concerns-corn-firm
Nasdaq
GRAINS-Wheat jumps over 4% on Black Sea supply concerns, corn firm
Chicago wheat rose over 4% on Monday on concerns a flare-up in the Russia-Ukraine conflict could create new threats to grain shipments from the Black Sea region.
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
"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
Yahoo
U.S. winter wheat farmers plant into dust as Plains drought persists
With planting roughly halfway complete, 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. The drought threatens Kansas, the top winter wheat growing state, and Oklahoma in…
Wheat shortage as Argentine crop disappoints due to drought
Brazil to buy U.S., Canada and Russia wheat as Argentine supplies suffer
#brazil #wheat
https://www.nasdaq.com/articles/brazil-to-buy-u.s.-canada-and-russia-wheat-as-argentine-supplies-dwindle
Brazil to buy U.S., Canada and Russia wheat as Argentine supplies suffer
#brazil #wheat
https://www.nasdaq.com/articles/brazil-to-buy-u.s.-canada-and-russia-wheat-as-argentine-supplies-dwindle
Nasdaq
Brazil to buy U.S., Canada and Russia wheat as Argentine supplies dwindle
Brazil will need to seek alternative wheat sellers because Argentina's crop failure has curtailed production and compromised its ability to export, analysts said, pointing to the United States, Canada and even Russia as possible suppliers.
Russia suspends grain deal after this morning’s drone attack on their naval forces.
Also worth noting—because why is no one concerned about this?—that Russia openly accuses UK of involvement in today’s attack, as well as Nordstream sabotage.
Suddenly direct conflict, no longer proxy.
#FoodWars #ukraine #russia #wheat
https://www.reuters.com/world/europe/russia-suspends-participation-deal-ukraine-grain-exports-tass-2022-10-29/
Also worth noting—because why is no one concerned about this?—that Russia openly accuses UK of involvement in today’s attack, as well as Nordstream sabotage.
Suddenly direct conflict, no longer proxy.
#FoodWars #ukraine #russia #wheat
https://www.reuters.com/world/europe/russia-suspends-participation-deal-ukraine-grain-exports-tass-2022-10-29/
Reuters
U.N., Turkey, Ukraine press ahead with Black Sea grain deal despite Russian pullout
Antonio Guterres was trying to revive the agreement, which aims to ease a global food crisis. President Biden said the suspension would increase starvation, and Secretary of State Antony Blinken said Russia was "weaponizing food."
Russia Defense Ministry broadcasts that the grain shipments in Black Sea are unacceptable.
We hold our breath as we have with each red line crossed, but I take special note of this one as it informs the “food crisis” narrative.
We will hear more about “Putin’s food crisis” and so on…
#ukraine #wheat #FoodShortage
We hold our breath as we have with each red line crossed, but I take special note of this one as it informs the “food crisis” narrative.
We will hear more about “Putin’s food crisis” and so on…
#ukraine #wheat #FoodShortage
Fear of global food shortage looms as Russia steps back from Ukraine grain deal
U.S. President Joe Biden warned that global hunger could increase because of Russia’s suspension of a U.N.-brokered deal to allow safe passage for ships carrying Ukrainian grain.
“It’s really outrageous,” said Biden speaking in Wilmington, Delaware, on Saturday. “There’s no merit to what they’re doing. The UN negotiated that deal and that should be the end of it.”
Biden spoke hours after Russia announced it would immediately halt participation in the agreement, alleging ghat Ukraine staged a drone attack Saturday against Russia’s Black Sea Fleet ships off the coast of occupied Crimea. Ukraine has denied the attack.
#ukraine #wheat #russia
https://globalnews.ca/news/9237206/global-hunger-food-shortage-russia-ukraine-grain/
U.S. President Joe Biden warned that global hunger could increase because of Russia’s suspension of a U.N.-brokered deal to allow safe passage for ships carrying Ukrainian grain.
“It’s really outrageous,” said Biden speaking in Wilmington, Delaware, on Saturday. “There’s no merit to what they’re doing. The UN negotiated that deal and that should be the end of it.”
Biden spoke hours after Russia announced it would immediately halt participation in the agreement, alleging ghat Ukraine staged a drone attack Saturday against Russia’s Black Sea Fleet ships off the coast of occupied Crimea. Ukraine has denied the attack.
#ukraine #wheat #russia
https://globalnews.ca/news/9237206/global-hunger-food-shortage-russia-ukraine-grain/
Global News
Fear of global food shortage looms as Russia steps back from Ukraine grain deal - National | Globalnews.ca
U.S. President Joe Biden warned that global hunger could increase because of Russia's suspension of a U.N.-brokered deal to allow safe passage for ships carrying Ukrainian grain.
WHEAT: even without black sea deal falling apart, current crop is in RECORD WORST condition — and global stocks are already at RECORD LOW.
Then mix in Russia withdrawing from agreement for grain corridor.
Neither does the market have this priced in, nor do many people realize the implications for #FoodPrices and geopolitics…
Engineered food shortages to usher in technocratic control over food and all resources…
- iceagefarmer
#wheat
Then mix in Russia withdrawing from agreement for grain corridor.
Neither does the market have this priced in, nor do many people realize the implications for #FoodPrices and geopolitics…
Engineered food shortages to usher in technocratic control over food and all resources…
- iceagefarmer
#wheat
Look at that - US exports record amount of wheat in September (as other countries are stockpiling).
There IS no strategic grain reserve in the US - it was liquidated over a decade ago. Just like they’re draining the SPR now.
3+ mmt, to destinations China, Mexico, Philippines.
USA set up for incomprehensibly massive failure …
- iceagefarmer
#wheat
There IS no strategic grain reserve in the US - it was liquidated over a decade ago. Just like they’re draining the SPR now.
3+ mmt, to destinations China, Mexico, Philippines.
USA set up for incomprehensibly massive failure …
- iceagefarmer
#wheat
Australia: flooding damages $150 million of wheat alone in NSW
Agronomists say the grain-growing hub of the north-west is expected to have "conservatively" lost more than 120,000 hectares of wheat that was nearly ready to harvest.
The region also boasts large barley and canola outputs and is in the summer planting window for crops such as cotton and sorghum.
“this ongoing wet weather with flood after flood after flood is just unbelievable."
Unbelievable losses, particularly when the world is already short on #wheat and other grains…
“There are many impacted farmers who will be cash poor and without an income as a result of this flooding, and that has caused widespread economic pain across rural areas,"
- iceagefarmer
source: https://www.abc.net.au/news/rural/2022-10-24/crop-flood-damage-estimates-north-west-nsw/101569484
#GrandSolarMinimum / #WeatherWarfare
Agronomists say the grain-growing hub of the north-west is expected to have "conservatively" lost more than 120,000 hectares of wheat that was nearly ready to harvest.
The region also boasts large barley and canola outputs and is in the summer planting window for crops such as cotton and sorghum.
“this ongoing wet weather with flood after flood after flood is just unbelievable."
Unbelievable losses, particularly when the world is already short on #wheat and other grains…
“There are many impacted farmers who will be cash poor and without an income as a result of this flooding, and that has caused widespread economic pain across rural areas,"
- iceagefarmer
source: https://www.abc.net.au/news/rural/2022-10-24/crop-flood-damage-estimates-north-west-nsw/101569484
#GrandSolarMinimum / #WeatherWarfare
www.abc.net.au
Crops a 'complete write-off' as wheat losses pass $150m in flood-hit north-west NSW
The fourth-worst flood in Moree since records began has wiped out more than 120,000 hectares of wheat that was nearly harvest-ready.