Richardcyoung.com

The Online Home of Author and Investor, Dick Young

  • Home
  • How We Are Different
  • About Us
    • Foundation Principles
    • Contributors
  • Investing
    • You’ve Read The Last Issue of Intelligence Report, Now What?
  • Your Survival Guy
  • The Great Reset
  • COVID-19
  • My Rifles
  • Dividends and Compounding
  • Your Security
  • The Swiss Way
  • Dick Young
  • Debbie Young
  • Key West
  • Paris
  • Dick’s R&B Top 100
  • Liberty & Freedom Map
  • Your Health
  • Ron Paul
  • Bank Credit & Money
  • Dick Young’s Safe America
  • Your Survival Guy’s Super States
  • Critical Race Theory
  • NNT & Cholesterol
  • Work to Make Money/Invest to Save Money

Our Daily Bread Threatened?

May 23, 2022 By Debbie Young

By AkulininaOlga @ Shutterstock.com

As prosperity and stability in the U.S. continue to slide, the stock and bond markets have many nervous investors leaning ledge side. Even for those not enticed to the edge, there’s a particular scarcity that deserves readers’ attention. James Freeman in the WSJ reports on the threat to our “fundamental global bedrock – our daily bread.”

A Menace in a Hungry World

The stock and bond markets punish investors, while war and drought related events add to the worry of significant shortages in some wheat-producing regions.

Commodity markets beckon for reasons that are anything but good news for a hungry world. Warfare in some wheat-producing regions and drought in others is threatening a significant shortage.

India Bans Wheat Exports

From Megha Mandavia (The Journal):

Last week India banned wheat exports, saying the food security of the nation is under threat. Severe heat waves have damaged wheat yields across the country. While India isn’t a large exporter of wheat, it is the world’s second-biggest wheat producer and had amassed one of the world’s largest stockpiles as of earlier this year . . .

Before the war, the world had come to rely on cheap and abundant wheat supplies from Russia and Ukraine in particular. The two nations combined account for 29% of global wheat exports, according to data from the U.S. Department of Agriculture.

Who Is Surprised?

Exports from the war zone are not operating as usual. Randy Martinson recently noted at AgWeek that “in the southern Plains hot dry conditions reduced the potential size of the winter wheat crop.”

Also in The Journal, William Mauldin reported earlier this week:

United Nations Secretary-General António Guterres is pursuing a high-stakes deal with Russia, Turkey and other nations to open up Ukrainian food exports to world markets and stave off a potential global food shortage, according to diplomats familiar with the effort.

Russia has sealed off Ukraine’s Black Sea ports to weaken the country and conquer its coast. Mr. Guterres has asked Moscow to permit some Ukrainian grain shipments in exchange for moves to ease Russian and Belarusian exports of potash fertilizer.

Russia doesn’t currently appear to be engaged in earnest negotiations toward a deal, the diplomats said.

If you’re willing to fight for Main Street America, click here to sign up for the Richardcyoung.com free weekly email.

Related Posts

  • RICK SCOTT: Joe Biden Can't Fix This Economy
  • A Candid Question for Joe Biden
  • Joe Biden Is Now Just Making It Up
  • Brand New Young Research COVID-19 Daily Display
  • Author
  • Recent Posts
Debbie Young
Debbie, editor-in-chief of Richardcyoung.com, has been associate editor of Dick Young’s investment strategy reports for over three decades. When not in Key West, Debbie spends her free time researching and writing in and about Paris and Burgundy, France, cooking on her AGA Cooker, driving her Porsche Boxter S through Vermont and Maine, and practicing yoga.
Latest posts by Debbie Young (see all)
  • What Just Happened? Fixing Its Historic Mistake - June 28, 2022
  • Saudi Oil Is Different from U.S. Oil? - June 27, 2022
  • Greetings From Paris & Le Bristol Hotel - June 24, 2022

Dick Young’s Must Reads

  • Victor Davis Hanson: How to Bust DC’s Stronghold
  • Your Cash Swept into Your Broker’s Bank Account!
  • WAR HAS BEGUN: What Advice Are You Giving Your Loved Ones?
  • What Do You Know About Rho-Kinase?
  • Does Big Government Create Poverty?
  • U.S. Survival AR-7
  • America’s Number One Patriot: Naples Florida’s Alfie Oakes
  • The Three Best Retirement Decisions I Ever Made
  • The Four Most Important Words in Investing
  • A NEW CONTRACT WITH AMERICA: Rick Scott Finally Gives the GOP Something to Run On

Our Most Popular Posts

  • FOOD SHORTAGE: Not "If," But "How Bad?"
  • One Surprising Thing You Should Know About Private Jets
  • Paris: How Hotel Lutetia Can Challenge Le Bristol Hotel?
  • The Most Controversial Restaurant in Paris?
  • Saudi Oil Is Different from U.S. Oil?
  • Biden Running Out of People to Blame for High Gas Prices
  • Your Survival Guy in Paris: Awakened from His Slumber, “Dad, I’m Going to London”
  • FLORIDA DODGED A BULLET: Elected Superb DeSantis Over Unstable Gillum
  • Good News for the 2nd Amendment
  • RECESSION? Dow 25,000, $8 Gas, Rising Interest Rates, Spell Mid-term Crack Up

Disclosure

RSS Youngresearch.com

  • Why Work When Taxes Take It All?
  • Your Survival Guy in Paris: Awakened from His Slumber, “Dad, I’m Going to London”
  • What Happens to Your Passwords When You Die?
  • Your Survival Guy: Clearing the Decks, Buying a Boat, Seeing the World and More
  • Is the Great Job Boom Over?
  • Here’s Why You Need a 15-Year Retirement Investment Plan
  • Will ESG Do to Steel Prices What It Did to Gas Prices?
  • Kellogg Cuts Loose with Split Plan
  • Apple Shares Resilient in the Face of Recession
  • MONEY TALKS: The Best Service in Paris

10th AMENDMENT: Dobbs Decision a Win for States’ Rights

What Just Happened? Fixing Its Historic Mistake

Why Work When Taxes Take It All?

Oil Demand Increasing Despite Growth in Renewables

Why Is the USDA Burying the Facts on Low-Carb Diets?

These Normal Household Products Could Disrupt Your Endocrine System

Copyright © 2022 | Terms & Conditions | About Us | Dick Young | Archives