Name: WARNING: A Global Food Crisis is Coming ~ Get READY!
Uploaded: 2022-08-17T19:30:00+00:00
Duration: 42 min 47 s
Description: As we come to the end of 2022, the world is facing an epic crisis. Due to a confluence of factors – the war in Ukraine, fertilizer shortages, diesel shortages, drought, and other issues – the world is

3 years ago

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FoodCrisis

As we come to the end of 2022, the world is facing an epic crisis. Due to a confluence of factors – the war in Ukraine, fertilizer shortages, diesel shortages, drought, and other issues – the world isn’t going to produce the amount of food we’ve come to expect. Today, we’re going to look at USDA projections for global production, imports, and exports for the most important grains in the world – corn, wheat, and rice. And when we combine those projections with more recent news reports from the ground, I believe they point to a dire situation.

USDA World Agricultural Supply & Demand Estimates: https://www.usda.gov/oce/commodity/wasde

LINKS to NEWS ARTICLES:

https://www.farmprogress.com/market-reports/august-22-wasde-markets-yawn-corn-yields

https://www.graincentral.com/markets/daily-market-wire-18-july-2022/

https://www.cnn.com/2022/08/05/europe/ukraine-grain-hunger-crisis-world-intl/index.html

Corn

https://finance.yahoo.com/news/food-inflation-eases-problematic-crops-164953441.html

https://www.malaysiasun.com/news/272623842/eus-crop-yield-projected-to-fall

https://www.agrinews-pubs.com/news/science/2022/07/24/guessing-game-agronomists-offer-predictions-for-2022-national-average-corn-yield/

https://www.bnnbloomberg.ca/europe-s-parched-earth-hits-corn-as-climate-crisis-reverberates-1.1800994

https://finance.yahoo.com/news/romania-warns-corn-exports-may-110051756.html

https://www.reuters.com/article/argentina-grains-wheat/update-2-argentinas-wheat-planting-forecast-cut-again-corn-output-steady-idUSL1N2Z223M