Global Grains Take Massive 14% Hit Where Will Our Food Come From (901)
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Global grain ending stocks are reduced 14% in 2019, Argentina production slashed from 21 to 18.3 million tons, Brazil reducing 3 million tons, Australia now a net wheat importer, USA & Canadian grow zones decimated by two early season blizzards, Ukraine wheat forecast down and somehow we are not warned of imminent price increases in our daily food stuffs. Look at China 50% increase in food inflation through 2019 alone. The rest or the globe is next are you ready?
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#globalgrains #grandsolarminimum #croplosses #climaterevolution #adapt2030 #wheat #corn #foodprices
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Today's Story Links
China to exempt US pork and soybeans from additional trade war duties
https://www.scmp.com/economy/china-economy/article/3027163/china-exempt-us-pork-and-soybeans-additional-trade-war
ANALYSIS: North and South America soybean crops face weather challenge
https://www.agricensus.com/Article/ANALYSIS-North-and-South-America-soybean-crops-face-weather-challenge-8891.html
Analysts eye sub-19m mt Argentina wheat crop on dry weather
https://www.agricensus.com/Article/Analysts-eye-sub-19m-mt-Argentina-wheat-crop-on-dry-weather-8955.html
Lightning near the north pole very rare
https://watchers.news/2019/08/15/lightning-strikes-north-pole-august-2019/
Polar Pulse and Thunder snow in Australia Extremly Rare
https://www.news.com.au/technology/environment/polar-pulse-in-south-east-could-lead-to-thundersnow/news-story/2d6811d0dba6323c4fc454f89a6ab5b7
https://www.theguardian.com/australia-news/2019/oct/17/extreme-weather-thundersnow-expected-in-victoria-as-queensland-hit-by-heatwave
Australia thundersnow temperature maps
https://www.tropicaltidbits.com/analysis/models/?model=gfs®ion=aus&pkg=T2ma&runtime=2019101712&fh=-12
Corn production levels 2018 vs 2019
Ukraine soil moisture levels for planting
Crop conditions globally
https://twitter.com/AuraCommodities
USA Crop maturity far behind averages
USA Soybeans harvested way below normal
USA Corn Harvested way below normal
Rosy unattainable forecasts from the USDA
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