marketcrash
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wheat
04/20/2022
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By Ethan Huff
As grain prices reach historic highs, China is stockpiling food supplies from around the world
Communist China just made its largest purchase of U.S. corn since May of 2021 as grain prices reach record highs. The U.S. Department of Agriculture (USDA) confirmed the flash sale, which amounted to 1.010 million metric tons of corn purchased by the Chinese Communist Party (CCP) as it attempts to get ahead of the stockpiling […]
03/17/2022
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By Ramon Tomey
IMF: Russia-Ukraine war may FUNDAMENTALLY ALTER economic, political order worldwide
The International Monetary Fund (IMF) said the ongoing war between Russia and Ukraine may “fundamentally alter” the political and economic order globally. “The war may fundamentally alter the global economic and geopolitical order should energy trade shift, supply chains reconfigure, payment networks fragment and countries rethink reserve currency holdings,” the IMF posted on its website […]
03/14/2022
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By Kevin Hughes
Global markets in state of chaos due to Russia-Ukraine War
Many people thought that the global financial markets would not be affected by the Russia-Ukraine War. They were wrong. Investors have received a harsh warning during the past week with the stock prices plunging, commodity prices going absolutely crazy and a dark cloud of fear blanketing Wall Street. The war in Ukraine has forever transformed economic […]
03/11/2022
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By Ethan Huff
Food rationing begins in some countries as plandemic’s war phase escalates
Lebanon has reportedly started rationing wheat amid a pre-planned food shortage that is dovetailing right on cue with the Russia-Ukraine conflict. Many businesses throughout the country were forced to close because they no longer have enough wheat products to sell following Ukraine’s ban on exports. Wheat shortages in Lebanon are expected to extend well into […]
03/10/2022
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By Mary Villareal
Price of wheat soars to record high as war between Russia and Ukraine continues
The war between Russia and Ukraine has already driven up gas prices. Now, the price for wheat has also surged to its highest level. Wheat price is now at a record $12.94 per bushel, up 70 percent over the last month, as measured by a futures contract on the Chicago Board of Trade. The conflict […]
03/10/2022
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By Ethan Huff
Ukraine issues emergency order banning all exports of wheat, oats, meat and more
Starting now, no more wheat, oats, millet, buckwheat, sugar, live cattle, meat or other products will be allowed for export out of Ukraine. Citing the Russian invasion, Ukraine officials issued an emergency order banning exports on a variety of foods and other consumer goods that many other countries rely on for sustenance. Ukraine’s minister of […]
11/03/2021
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By Mary Villareal
Oat prices reach record high amid droughts
Prices for oats and grains are up nearly 150 percent over the last year due to extremely dry weather in key growing regions. The drought was estimated to cut U.S. oat production by up to 40 percent, with the United States Department of Agriculture (USDA) saying this year’s oat crop was the smallest on record at only 40 million bushels. […]
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