Thursday, August 5, 2010

The global wheat supply is under extreme stress

And commodity prices will be all over the place for at LEAST 18 months.

On the other hand, the Minnesota corn crop looked just lush yesterday when I drove through a part of it southwest of Minneapolis.
Now Russia Is Being Told To Ban All Grain Exports As Crisis Worsens
Gregory White | Aug. 4, 2010, 6:08 AM  
Russia is being told by a trader at the world's biggest commodity trading company, Glencore, to halt the export of grain out of its country, according to the Financial Times.
The move comes as a result of rising wheat prices world wide, triggered by a series of environmental incidents including forest fires in Russia and an overly wet season in Canada. Those fires have left clouds of smoke billowing over Russia's far east, Siberia. more
Of course, wheat prices are spiking


  1. B-vitamins are water-soluble vitamins that play an important role in immune and nervous system function, cell growth, energy production, the metabolism of fats and carbohydrates, normal growth and development, mental health and stress. Thanks a lot.

  2. This grain is grown on more land area than any other commercial crop and is the most important staple food for humans. World trade in wheat is greater than for all other crops combined. Thanks.