More on #SupplyChain so broken that nations can't export their wheat — here Australia (see above, South Africa, also):
Australia's record wheat harvest is no fix for the global food crisis
Logistical challenges hold back exports as concerns grow over next year's crop
Clogged ports and soaring fertilizer costs are impeding Australia's bid to boost exports of its bumper wheat harvest, worsening a global food crisis
#Australia #wheat
https://asia.nikkei.com/Business/Markets/Commodities/Australia-s-record-wheat-harvest-is-no-fix-for-the-global-food-crisis
Australia's record wheat harvest is no fix for the global food crisis
Logistical challenges hold back exports as concerns grow over next year's crop
Clogged ports and soaring fertilizer costs are impeding Australia's bid to boost exports of its bumper wheat harvest, worsening a global food crisis
#Australia #wheat
https://asia.nikkei.com/Business/Markets/Commodities/Australia-s-record-wheat-harvest-is-no-fix-for-the-global-food-crisis
Nikkei Asia
Australia's record wheat harvest is no fix for the global food crisis
Logistical challenges hold back exports as concerns grow over next year's crop
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/
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/
RT
Bad harvest forecast for EU
EU grain production is projected to fall this year as a result of dry weather, according to a survey cited by the WSJ
Ukraine: gain exports plummet 44% year over year:
Ukraine exported 1.11 million tonnes of grain in the first 22 days of June, down 44% from the same period in 2021, Reuters reported, citing agriculture ministry data released June 27.
The volumes included 978,000 tonnes of corn, 104,000 tonnes of wheat and 24,000 tonnes of barley, the data showed. Ukraine exported up to 6 million tonnes of grain a month before Russia launched an invasion on Feb. 24.
Ukraine is among the world’s largest exporters of wheat and corn. Exporters are struggling to get what’s left in storage out of the country, because Ukrainian ports on the Black Sea, like the key city of Odessa, are under blockade by Russia.
#wheat #Ukraine
https://www.world-grain.com/articles/17096-ukraine-grain-exports-plummet-in-june
Ukraine exported 1.11 million tonnes of grain in the first 22 days of June, down 44% from the same period in 2021, Reuters reported, citing agriculture ministry data released June 27.
The volumes included 978,000 tonnes of corn, 104,000 tonnes of wheat and 24,000 tonnes of barley, the data showed. Ukraine exported up to 6 million tonnes of grain a month before Russia launched an invasion on Feb. 24.
Ukraine is among the world’s largest exporters of wheat and corn. Exporters are struggling to get what’s left in storage out of the country, because Ukrainian ports on the Black Sea, like the key city of Odessa, are under blockade by Russia.
#wheat #Ukraine
https://www.world-grain.com/articles/17096-ukraine-grain-exports-plummet-in-june
World-Grain
Ukraine grain exports plummet in June
Shipments down 44% from year ago amid war with Russia, Black Sea blockade.
Colder temps in Russia cause protein content in wheat to drop - even though the harvest is large, the prices of high-quality wheat are still rising:
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Poor weather over parts of Russia's main producing regions is likely to mean that the supply of higher protein wheat will remain in relatively tight supply - supporting an increased price gap between quality milling wheats and lower quality grades, trade sources have told Agricensus.
Russia is on course to deliver its biggest ever wheat crop, but higher yields and rains over some of the main Russian producing regions mean the crop currently being harvested is showing more 11.5% or feed grades were harvested so far compared to last year.
The price gap between the 12.5%, 11.5%, and feed wheat grades have been increasing over the last week with a gap of almost $16-17/mt seen between 11.5% and 12.5% grades in coaster-sized CIF Marmara trades last week, but offers on a deep sea port basis have also widened to show the same $17/mt differential.
#Wheat #russia
http://ikar.ru/eng/press.php?id=3362
__
Poor weather over parts of Russia's main producing regions is likely to mean that the supply of higher protein wheat will remain in relatively tight supply - supporting an increased price gap between quality milling wheats and lower quality grades, trade sources have told Agricensus.
Russia is on course to deliver its biggest ever wheat crop, but higher yields and rains over some of the main Russian producing regions mean the crop currently being harvested is showing more 11.5% or feed grades were harvested so far compared to last year.
The price gap between the 12.5%, 11.5%, and feed wheat grades have been increasing over the last week with a gap of almost $16-17/mt seen between 11.5% and 12.5% grades in coaster-sized CIF Marmara trades last week, but offers on a deep sea port basis have also widened to show the same $17/mt differential.
#Wheat #russia
http://ikar.ru/eng/press.php?id=3362
ikar.ru
IKAR: Price gap between Russian wheat grades to stay high as protein drops
IKAR. Grain, milk, meat, sunflower, sugar, cereal.
tl;dr: European Commission predicts yield of wheat/barley/corn will be down 2.5% YoY due to drought, "experts" rush to blame climate change:
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Europe is staring into one of its driest summers in living memory.
The drought has already crimped production of hydroelectric power and food, adding to market pressure from the war in Ukraine. Many city authorities have asked residents to cut back their use of drinking water.
With global food flows already squeezed, the drought has Europe’s farmers spooked. [IAF: perhaps not the word I would use for it.] Hungary's agriculture ministry said Wednesday that as of the beginning of the month it had received 8,413 drought damage notifications covering 322,000 hectares in 2022, three times the area of any previous first half of the year.
#EU #wheat #drought
https://www.politico.eu/article/europe-temperature-heat-wave-drought/?amp;amp
__
Europe is staring into one of its driest summers in living memory.
The drought has already crimped production of hydroelectric power and food, adding to market pressure from the war in Ukraine. Many city authorities have asked residents to cut back their use of drinking water.
With global food flows already squeezed, the drought has Europe’s farmers spooked. [IAF: perhaps not the word I would use for it.] Hungary's agriculture ministry said Wednesday that as of the beginning of the month it had received 8,413 drought damage notifications covering 322,000 hectares in 2022, three times the area of any previous first half of the year.
#EU #wheat #drought
https://www.politico.eu/article/europe-temperature-heat-wave-drought/?amp;amp
POLITICO
Europe’s big dry
An ‘unprecedented’ drought grips much of the Continent with worse to come.
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
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
RT
India bans wheat flour exports
India has restricted wheat flour exports to bring down prices on the domestic market
France to reap worst corn harvest in decades
French farmers are harvesting their smallest corn crop in more than three decades, following the worst drought in at least 500 years that has hit the continent.
The smaller crops in France, which is one of Europe’s agricultural heavyweights, could drive soaring food prices even higher. Fields in Germany and Romania, other key EU producers, have also suffered from drought.
(Cue the media blaming climate change and calls for zero carbon)
#eu #france #corn #wheat
https://www.rt.com/business/562729-france-bad-corn-harvest/
French farmers are harvesting their smallest corn crop in more than three decades, following the worst drought in at least 500 years that has hit the continent.
The smaller crops in France, which is one of Europe’s agricultural heavyweights, could drive soaring food prices even higher. Fields in Germany and Romania, other key EU producers, have also suffered from drought.
(Cue the media blaming climate change and calls for zero carbon)
#eu #france #corn #wheat
https://www.rt.com/business/562729-france-bad-corn-harvest/
RT
France to reap worst corn harvest in decades – Bloomberg
France’s corn crop could hit its lowest level in more than 30 years, finance ministry reports, according to Bloomberg
Syria's 2022 #wheat harvest amounted to around 1 million tonnes, down some 75% from pre-crisis volumes, while #barley was almost non-existent, Mike Robson, the United Nations Food and Agriculture Organization Syria Representative told Reuters.
(Note they also are obliged to blame climate change…)
#syria
https://www.reuters.com/markets/commodities/exclusive-climate-change-conflict-decimate-syrias-grain-crop-un-fao-2022-09-20/
(Note they also are obliged to blame climate change…)
#syria
https://www.reuters.com/markets/commodities/exclusive-climate-change-conflict-decimate-syrias-grain-crop-un-fao-2022-09-20/
Reuters
Exclusive: Climate change, conflict decimate Syria's grain crop
Climate change, a faltering economy and residual security issues have decimated Syria's 2022 grain crop, leaving the majority of its farmers in a precarious position, the United Nations Food and Agriculture Organization (FAO) said.
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.