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04/04/2022
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By Ethan Huff
Russia could soon demand rubles for fertilizer, grains, minerals, timber and other commodities, not just energy
There is now talk about Russia demanding payment in rubles for other things besides just energy. Just as President Vladimir Putin was set to give his announcement about Russia only accepting natural gas payments in rubles beginning on April 1, Vyacheslav Volodin, the speaker of the lower house of the Russian parliament, issued his own […]
03/17/2022
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By Mary Villareal
Inflation, soaring oil prices hobble farmers worldwide
Inflation and increased energy costs have been exacerbated by the Russia-Ukraine conflict, with inflation hitting a record high of 7.9 percent the past week. Even red diesel, which is commonly used for farm operations, is now reaching all-time highs. The continuous optimism just a few weeks ago about the U.S. long-grain rice crop being able […]
03/03/2022
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By Ethan Huff
Ukraine is considered the “breadbasket of Europe,” and the war has cut off exports of wheat, corn and more
A large percentage of the world’s wheat, corn and other grains is produced in Russia and Ukraine. And sources warn that because exports are now being cut off due to the war, food shortages are soon on the way. Ukraine is widely known as the “breadbasket of Europe” due to its rich, dark and fertile […]
11/17/2021
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By Arsenio Toledo
California farmers take their goods out of state to avoid heavy port congestion
The heavy congestion at California’s ports is severely affecting many of the state’s farmers, forcing them to reroute their goods out of state just to get them delivered. As many American consumers are rightly concerned about the cost of everyday goods such as foods and the gifts they will be buying for the holidays, American […]
03/04/2020
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By JD Heyes
Global shippers now losing a billion dollars a month as pandemic-induced slump hits the world’s product transport infrastructure
What do you get when you combine a ‘just-in-time logistics’ economy with a global slump in the most common form of transportation for getting goods to market — shipping? In short order, you get chronic shortages of virtually everything. And that seems to be the course we are on right now, thanks to effects of […]
02/20/2020
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By JD Heyes
Wuhan coronavirus threatens to DESTROY commerce throughout China as just 34% of businesses have enough cash flow to stay open for longer than a month
If Wuhan coronavirus (COVID-19) continues to spread throughout China at its current rate and the government finds no good way to control it, millions of workers are going to be laid off from their jobs as two-thirds of small-to-medium businesses fail. According to a Google translation of a Yahoo! Taiwan story, the virus is continuing […]
02/16/2020
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By JD Heyes
China’s power consumption plunges as coronavirus pandemic shutters factories; economic numbers certain to plunge next
Several analysts have been keeping an eye on China’s internal economic activity as another way of gauging how severe the coronavirus spread really is and how drastic the government’s actions are to contain it. Over the past few days, these analysts have been able to piece together a number of indicators suggesting that a) the […]
02/10/2020
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By JD Heyes
U.S. consumers got hooked on cheap Chinese imports but the coronavirus is about to expose what a HUGE mistake this was
For more than two decades, horrible trade arrangements and political graft gave China a huge economic advantage over the U.S. As American economic growth slipped from 4-5 percent per year to a ‘new normal’ of between 1.5-2.5 percent, Chinese economic growth skyrocketed to annual double digits. The money has allowed successive Chinese leaders to modernize […]
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