War, climate change, energy costs: How the wheat market has been upended (via nytimes)
How this tribe survives in Colorado’s worst drought region with as little as 10% of its hard-won water supply
“Prices are going to remain higher, and consumers are going to feel that in the price of products they purchase on supermarket shelves,” Allen said.Droughts last year meant that even before Russia invaded Ukraine, global food markets were under pressure. The decline in global supply resulting from bad weather had already helped push up prices coming into this year. In January 2020, wheat was about 30% cheaper than it is now. Canadian wheat production is expected to pick up over the next year. The spring crop in the United States, led by North Dakota, is also expected to be robust. But Europe has been suffering from a heat wave, raising concern about a weak yield, while India banned exports of wheat in May because of drought.
Russia, the largest producer of fertilizer in the world, has steadily restricted the flow of natural gas to Europe, not only driving fuel prices higher but nudging up the cost of nitrogen-based fertilizers. As fertilizer prices have risen, so have wheat prices, ticking up in the past week. The USDA forecasts that the 18.8 million metric tons of wheat that Ukraine exported over the past 12 months will fall to around 10 million in the coming 12 months.
Österreich Neuesten Nachrichten, Österreich Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
Kevin Feige wants Deadpool 3 to be as big as Infinity War and Civil WarDeadpool 3 is one of the big MCU projects absent from Comic-Con, but Kevin Feige already teases Marvel’s big plans for the sequel.
Weiterlesen »
Russia 'clearly in a lot of trouble' in Ukraine war: Security expert'We and the Americans assess that 75,000 Russian soldiers have either been killed or been wounded,' British Professor Anthony Glees said Sunday.
Weiterlesen »
Opinion | The Republican war on media is getting worse.ZeeshanAleem: Republicans like DeSantis are increasingly seeking sympathetic media at their events. That's bad for accountability.
Weiterlesen »
PolitiFact - Case study: How Facebook pages exploit Russia’s war in Ukraine with false videosTwin Facebook pages Fios Vinks and Fiosl Liesi claim to share coverage of the war in Ukraine. Instead, they spread large amounts of misinformation using clickbait headlines and stolen videos.
Weiterlesen »
AMD And Intel In Massive Autumn Processor WarAMD and Intel are set to face off in the biggest processor war since AMD launched it's Ryzen CPUs in 2017.
Weiterlesen »