In 2022, the floating ice cover in the Bering Sea reached its greatest February extent since 2013. The above map shows the extent of sea ice in the Bering Sea as of Feb 16, 2022 — ice covered more than 846,000 square kilometers (327,000 square miles), far exceeding the 1981–2010 mean. Big hint: Ice covers do not expand in a warming climate.
So say goodbye to manmade global warming. The Version 6.0 global average lower tropospheric temperature (LT) reading for February 2022 continues the overall downward trend since 2016’s peak, now down approx. 0.71C deg. C since then. In other words, it’s getting harder for the politicized ‘catastrophic global heating’ narrative to be maintained.
But who cares about slight temperature changes when food prices threaten to explode into the stratosphere. Though colder, snowier weather is shortening growing seasons, food prices are going through the roof for multiple reasons with no clear end in sight. “Inflation in the food sector, already running hot, is set to go vertical. The combination of higher costs, lack of supply, labor shortages, and broken logistics has set in motion a crisis which can no longer be avoided.”
Chaos in the commodities sphere are leading
to skyrocketing energy and food costs.
I am sorry to say that all hell is about to break loose not only among food producers but soon, in your local grocery store as your fellow man realizes that food prices are about to explode to the point where many people are going to go hungry and even starve.
People and countries with money will start buying up whatever they can. So when you read below that grain exports are being cut off from the ‘breadbasket of the world,’ from Russia, Ukraine, and Hungry, you will see, or I hope, begin to understand the world of trouble heading our way.
It would be an understatement to say that we are in uncharted waters. Time and history are moving fast. It seems that every day something happens that we previously thought was highly improbable or impossible, so do not be surprised with worst-case scenarios.
If you can afford to pay double the price at your grocery store from their already sky-high prices, you don’t need to read this. Or maybe you do for no matter how much money a person has, you cannot buy anything when there is little or nothing to buy. As we move into the future, expect shortages.
The Breaking Point
Many knew it would happen one day, and that day was last week when Hungary – one of Europe’s most grain-rich nations announced that it would be banning all grain exports effective immediately. That was just hours after Russia banned exports of fertilizers. And already, fertilizer plants in England have had to close because of sky-high gas prices. Producers that create urea fertilizer using natural gas find that the cost of fertilizer produced in this way is way too high for farmers to afford.
The move by Hungary shows that those who have it are no longer giving it away, and those that don’t will soon find themselves in the middle of an epic food crisis. So expect wheat prices, already at record highs, to promptly double from here in the next few weeks as the world realizes the extent of the global food crisis that is coming.
“Russia is a fertilizer superpower — and American farmers
and consumers are about to pay massive costs for
Biden’s escalating economic war vs. Moscow.”
Russia and Ukraine combined account for 25% of global wheat exports and Ukraine alone for 13% of corn exports, according to analysts at RBC Capital Markets. While there have not yet been global disruptions to wheat supplies, prices have surged 55% since a week before the invasion.
There will be hell to pay in Turkey, Egypt, and many other countries, for it is doubtful that any wheat and other agricultural products will be exported from the Ukraine or Russia any time soon.
The condition of China’s winter wheat crop could be the
“worst in history,” the agriculture minister said on Saturday, raising
concerns about grain supplies in the world’s biggest wheat consumer.
The coming food crisis will strike every country, and even the rich might find things disagreeable at the food market that will sport severe supply disruptions. We just entered a period of consumer price inflation chaos that will be especially painful for our collective stomachs. Staying warm will also be an issue for hundreds of millions will not afford increased energy costs.
As you might expect, the price of fertilizer skyrocketed higher
on the news that China is halting all phosphate exports.
Farmers will either raise prices dramatically or go broke.
Putin invaded Ukraine, and the world suddenly changed. Ukrainian farmers have been forced to neglect their fields as millions flee, fight, or try to stay alive. Ports are shut down that send wheat and other food staples worldwide to be made into bread, noodles, and animal feed.
Ukraine and Russia also combine for 75% of global
sunflower oil exports, accounting for 10% of all cooking oils.
At this point, anything can happen, but a food crisis of epic proportion is in the cards, and violent climate change is not going to help. It is violent, and it is getting colder. The snow keeps piling up, and even with all the talk about raising interest rates, money (debt) is still being created by the trillions, guaranteeing skyrocketing inflation. So many of our problems “can be traced back to “obscene” secret money creation and the lies to cover it all up before it blows up.”
“We are on the cusp of a significant mass starvation event of our own making.
Soon, tens of millions of the world’s most impoverished people will die
from an inability to feed themselves, while many of those comfortably
getting by now – especially in the Western World – are in for a shock.“
With eight billion of us on the planet, vast swaths of the global population will be affected. Don’t forget that food inflation and scarcity are catalysts for many uprisings in human history.
For Many Prices Were Already On The Moon
Global food prices soared to a new record high in February, led by a massive jump in vegetable oil and dairy prices as well as higher costs for grains, according to the UN Food and Agriculture Organization (FAO). The move higher in food prices comes as the Russian invasion of Ukraine sent commodity markets into disarray, which indicates prices could continue to surge and may trigger another ‘Arab Spring’.
The FAO Food Price Index (FFPI), a measure of the monthly change in international prices of a basket of food commodities, averaged 140.7 points in February, up 3.9% from January, +24.1% compared with the same month last year, and 3.1% higher than the record in February 2011.
International best-selling author, journalist, and counter-intelligence expert Daniel Estulin says the problems in the world revolve around the rapidly dying financial system and a “coming global bankruptcy.”
“We are at a critical stage for humanity that will determine the direction of the world. There is much at stake for us but especially for the liberals because their model, which is based on infinite growth, is coming to an end.”
According to Estulin, the United States is in for hardship and poverty never seen before. Estulin says, “This is the year for the United States. A lot of things are going to be decided financially, economically, socially, and with a president that should not be there. The Democrats understand this, and that is why they are leaving in droves. We are coming into some serious pain moments for the global economy. The Russians are used to suffering and having to live on nothing. You (USA) are not.”
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