Climate, Food, Economy
April 28, 2024
Farm Services Agency (FSA) releasing Non-plant acres showing highest ever recorded @ 19.1 million acres, add in a collapsing global economy and negative interest rates that will lock the credit system and in turn the just in time delivery system, whats not to like according to banking analysts.
New initiatives in California, Massachusetts, and Washington State or ban gas stoves and heating in residential and commercial buildings. A look at public perception of how people on the street feel about humans causing all of the climate change we are seeing. Solar cycle declines since SC 20 downward, how strange will our climate become?
As for me, I am not a believer corporation, government and commodities coincidences, and for all these to be happening at the same time, I guess you could draw your own conclusion. Anyway, this comes off USDA, Corn Principal Areas in the United States by harvest date. We are now coming into that large black swath in the first weeks of October, and as we get further north, we could get a really good gauge of what the corn situation is going to be in the United States, maybe later on in October. You should expect some prices up, in my opinion. Same is true for soya beans.
With the unavoidable crop loss reality and rising food prices because of the largest floods in American history, suddenly the Saudi Arabia oil refinery goes off line for six months during harvest season. This in my opinion will be used to explain away runaway food & agricultural commodities prices.
Lennox Air Conditioner company earnings fall 9% due to cooler than normal conditions in the USA and higher precipitation. That goes against the claims of hottest year ever. Greenland temperature monitoring equipment maintained by the DMI malfunctioned giving erroneous heat spike over the ice cap, media ran with the story but never followed up when the difference as corrected showing dropping temperatures.
TESCO raised prices on 1000 food items, apples in Europe down 20% yield from last year, pears 14%. Nicaragua bean prices up 20% and scallop population down, water too fresh from record floods across the USA Mississippi basin areas.
Climate strikes across the planet yet China barely mentioned as the worlds top emitter. A look at the last time teenagers were put in positions of power for economy and governmental policy (Cultural Revolution).
Year Zero the future of global food production.
Deformed Barbell Corn found in Ohio, VegReady runs out of stock and suspends monthly subscription service, a glimpse into China pork and the global food delivery system.