Global Food Price Rises, Where and What Percentage of Crop Loss Will Increase Prices
Bob Kudla and I discussed food price rises and what percentage of crop yield loss will increase prices how much, by looking back in time to look for correlations to today’s climate conditions. We also spoke of areas in the world that can come on as bread baskets as other areas go off line due to intensifying grand solar minimum jet stream changes; Specifically Northern Africa and the political challenges of growing and getting crops to market and how the credit crunch for farmers will intensify this effect.
1. Floods in Northern California, possible crop losses due to levy breaks, contaminated soils, damaged infrastructure.
2. European veggie losses and rationing, then eventual non-availability. Baltic sea ice delaying shipments from Ukraine for 2 weeks last month.
3. Snow in summer 4x in NZ and 2x in Australia.
4. Unusually cold in Brazil especially around Sao Paulo this summer. Colder temps coming to Southern Hemisphere.
5. Incredibly wobbly jet stream out of zonal flow, so far out its doesn’t come back for decades. Disruptions in planting and harvesting on our regular patterns.
How will this effect price on late planting, low protein content in wheat, percentage loss of crop (A) = how much price rise on crop (B).
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