Another grain mill mysteriously burns to the ground completely after spontaneously combusting.

Somehow all fire control systems failed in this facility...and the hundreds of other food supply plants that have burned this year.

Somehow it's like the fire safety was shut off...

In June — just 60 days ago! — Grain Craft announced it had been acquired by the Baltimore-based Redwood Capital Investments, headed by billionaires Jim Davis and Stephen Bisciotti.

And — somehow — now they are collecting on the insurance as starvation looms.

(Remember just a few months back billionaire Glen Taylor roasted 5.3 million birds alive "because #BirdFlu" — but then fired all the workers and shutdown his poultry plant completely!? These billionaires are getting the call...)

#FoodWars

https://ktvz.com/news/ap-oregon-northwest/2022/08/10/eastern-oregon-historic-flour-mill-destroyed-in-fire/

India has banned wheat exports to protect domestic prices.

Here's why this is a really big deal as we enter full on #FoodWars. Top wheat producers are being hit across the board:

#1 China. (also #1 consumer!)
#2 India. (and now exports are banned.)
#3 Russia (#1 exporter — but Black Sea shipping is affected, and sanctions stop some buyers)
#4 USA (terrible season, drought)
#5 France (drought has severely impacted yields)
#6 Canada (spotty harvest so far)
#7 Germany (drought has severely impacted yields - some est. 50%)
#10 Ukraine

It is these nations that the rest of the world upon for their bread. And bear in mind some major wheat exporters like Kazakhstan have banned wheat/flour exports. Supplies are getting tight and countries are acting defensively. No relief in sight as harvests are looking bad across Northern hemisphere and things are off to poor start in S. America.

Stock up and keep growing food!

#wheat #FoodPrices

The USDA has stopped providing export data.

They declined to indicate why.

They neglected to provide a timeline for when this may be available again.

Regardless of the presumably forthcoming excuse, this is effectively an act of warfare as markets (domestic AND foreign) are now blind to what is going/coming from the US.

UPDATE: they now indicate there is an issue migrating to a new reporting system that should be resolved by mid september. Interesting date given futures contracts…

#FoodWars

the largest wholesale fresh produce market in the world is on fire.

#FoodWars #fire

https://twitter.com/disclosetv/status/1574005954244485121

Vegetable/legume company HAK STOPS production for 6 weeks starting 2023. Energy prices make it infeasible to produce, says the market leader best known for the glass jars of applesauce, peas and brown beans.

"It is not only the high price, but also the uncertainty, says director Timo Hoogeboom. "Today it is two euros for a cubic meter of gas, it used to be three euros. We don't know what it will be in January or February. So to be on the safe side, we will remain closed."

If it is no longer possible to pass on the higher energy prices to consumers, the availability of products may ultimately also be compromised. "If companies have to sell below cost for months, things go wrong." He does not expect any empty shelves for HAK for the time being. "But I don't rule it out for the chain, especially in January, February and March." A temporary energy ceiling for companies could help, the HAK director thinks.

"Companies will first look at how they can absorb the costs themselves, but if that is no longer possible, they will have to scale down," confirms food economist Morren. "I expect this to happen more widely."

source: https://nos.nl/l/2446920

- iceagefarmer

#EnergyCrisis #FoodWars #EU

Brazilian soybean processors have halted operations as crushing margins turned negative.

Abiove, a trade group representing global oilseed crushers in Brazil, confirmed the move, telling Reuters some of its members advanced scheduled maintenance stoppages that traditionally happen at the end of the year as soyoil prices dropped while soybean prices remained high, hurting margins.

https://www.agweb.com/markets/pro-farmer-analysis/some-brazilian-crushers-halt-operations

#brazil #FoodWars

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/

With #wheat prices already spiking, many traders now holding breath to see what happens to these ‘suicide wheat shipments.’

This is next level #FoodWars …