Russian war in world’s ‘breadbasket’ threatens food supply

rietrot

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Aug 26, 2016
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Wheat prices 60% up from a month ago and 90% from a year ago. Corn and other staples following at a lesser rate (20% up) due to shifted demand. This is going to hit the poorest very hard. I anticipate a lot of unrest globally but also in SA with the double wammy of fuel and food going up.
A year or two from now will be more interesting with the issues around fertilizer.
 

Thugscub

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Dec 3, 2008
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The Shittholes of Africa, Unite and Feed yourselves.
Cancel.
This takes Western ideas.
"Sits under tree and waits for stolen money from the comrades."
 

ForceFate

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May 18, 2009
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The Shittholes of Africa, Unite and Feed yourselves.
Cancel.
This takes Western ideas.
"Sits under tree and waits for stolen money from the comrades."
Those shitholes were not getting grain from the 2 countries for free. They'll probably look elsewhere.
 

BBSA

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Jul 11, 2005
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The United States and the European Union are looking at how to improve food supply chains with export restrictions from India and other nations accentuating global problems, the EU’s trade chief told CNBC.

G-7 foreign ministers warned over the weekend that the war in Ukraine is increasing the risk of a global hunger crisis. This is because Ukraine has been unable to export grains, fertilizers and vegetable oil, while the conflict is also destroying crop fields and preventing a normal planting season.

 

surface

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Oct 23, 2006
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The United States and the European Union are looking at how to improve food supply chains with export restrictions from India and other nations accentuating global problems, the EU’s trade chief told CNBC.

G-7 foreign ministers warned over the weekend that the war in Ukraine is increasing the risk of a global hunger crisis. This is because Ukraine has been unable to export grains, fertilizers and vegetable oil, while the conflict is also destroying crop fields and preventing a normal planting season.

While India & Indonesia are supposedly doing this to protect their own markets, I wonder if the master strategist has talked to friendly countries to make things worse.
 

airborne

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Jul 13, 2007
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While India & Indonesia are supposedly doing this to protect their own markets, I wonder if the master strategist has talked to friendly countries to make things worse.

That’s an interesting point, he’ll be keen to impose some of his own “sanctions” but over which countries would he have that much sway?

Needlessly cutting supply to international markets would harm those countries in ways they probably cannot afford, they’d need a rather solid cattle prod to encourage them to do it.
 
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