04-21-2022, 03:02 AM
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https://www.agweb.com/news/crops/corn/ch...oric-highs
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 rush.
About 680,000 tons will come from old crop, while the remaining 340,000 tons will be delivered in time for the 2022-23 marketing year.
“China’s in a hoarding mode right now,” says Brian Grete, editor of Pro Farmer, adding that he thinks this trend will continue.
“Food security is one of their top priorities, if not their top priority, and you just took a chunk out with Ukraine. Ukraine had become a major supplier of corn to China. And I think that we will see China in for more corn.”
Corn prices reached their highest levels since 2012 this week, with CBOT corn hitting over $7.83 per bushel.
As grain prices in general continue to soar, Grete expects China to stockpile other things besides corn as well. (Related: Last summer, the CCP was persecuting agriculture officials to try to cover up the country’s grain shortages.)
“We’ll probably also see China buying other commodities,” he says. “What commodities they have at home, especially wheat, which is about half of the global supply, they aren’t going to push onto the world market.”
“They’re going to keep those themselves. China’s historically a hoarder. And amid the inflating prices around the world, the tightening supplies, they are hoarding even more right now.”
https://naturalnews.com/2021-06-24-china...verup.html
China’s next wheat crop could be “worst in history,” warns agriculture minister
China remains iffy on the outlook for its own crops going into the next season. The country’s Minister of Agriculture and Rural Affairs recently said that China’s wheat crop is shaping up to be the “worst in history.”
On the flip side, China has also said that its crop might be in better shape than previously believed. These mixed signals have created confusion about what is really going on in China, though experts still expect that the country will continue to hoard supplies regardless.
“I think they could come in for the wheat market,” said Mark Gold of StoneX Group. “There’s been some talk about that for a while.”
“Right now, you look at some of the things that have been going on, Egypt is looking for wheat, it looks like it may come out of the Black Sea area, they’ll take the risk of shipping it. We know India’s got a bumper crop, 111 million metric tons, and they intend to ramp up exports dramatically.”
Since wheat is still being grown elsewhere in the world, Gold thinks it might be too early to declare that a global wheat shortage is inevitable.
“We harvest wheat somewhere around the world every month, so I’m just not sure wheat is in as dire situation as maybe corn and soybeans are,” he added.
“Let’s temper that by saying if you look at Texas, Oklahoma and Kansas, Montana, their crops are in bad shape, and not getting much better.”
Whatever winter wheat crop was still standing in Texas, however, may have been destroyed this past week by severe winds and high heat. Growers have indicated that most of the dryland wheat has already been written off by crop adjusters as drought conditions take their toll all across the Great Plains.
“Up until this point, some of the irrigated wheat was barely holding on,” reported AgWeb.
“However, the weather this week caused the wheat to already show signs of loss, which could further reduce U.S. wheat supplies.”
https://www.naturalnews.com/2022-04-20-g...plies.html
China’s draconian COVID restrictions are CRIPPLING supply chains worldwide
China’s draconian restrictions to curb the Wuhan coronavirus (COVID-19) have crippled supply chains worldwide. The stringent COVID-19 measures implemented in the eastern city of Shanghai – one of the country’s busiest ports – have also hampered global trade.
Citing data from open vessel database Fleetmon and investment firm Liberum, the Telegraph reported that the number of ships waiting outside Shanghai and Hong Kong ports had also risen. It also mentioned that the number of goods stuck in harbors have increased. These problems have extended to ports located in the North Sea.
Joachim Klement, Liberum strategy analyst, commented on the update: “The main development of March is the reappearance of shipping congestion in the ports of Asia and the North Sea. Although we have already seen the effect of the Ukraine war on the resurgence of congestion, other effects are yet to come. Effects such as rising fuel costs, carrier boycotts and rail-to-sea conversions are yet to be reflected in shipping costs increases.” (Related: Shanghai covid lockdown to exacerbate supply chain crisis, making shipping containers nearly impossible to source.)
Beijing’s strict adherence to the “zero COVID” policy, which includes mandatory quarantine for individuals that test positive for COVID-19 despite having no symptoms, is impacting Chinese ports. The policy is contributing to a shortage of dockyard workers and truck drivers who spend time in isolation instead of transporting goods.
Roukaya Ibrahim, daily insights strategist at BCA Research, remarked that COVID-19 mandates for truck drivers exacerbate the supply chain snags.
China’s draconian COVID restrictions are CRIPPLING supply chains worldwide
Wednesday, April 20, 2022 by: Ramon Tomey
Tags: badhealth, badmedicine, big government, chaos, China, Collapse, covid-19, lockdown, medical fascism, medical martial law, Medical Tyranny, pandemic, panic, port congestion, Shanghai, supply chain, trucking shortage, Wuhan coronavirus, zero covid
This article may contain statements that reflect the opinion of the author
Bypass censorship by sharing this link:
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https://citizens.news/611991.html
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Image: China’s draconian COVID restrictions are CRIPPLING supply chains worldwide
(Natural News) China’s draconian restrictions to curb the Wuhan coronavirus (COVID-19) have crippled supply chains worldwide. The stringent COVID-19 measures implemented in the eastern city of Shanghai – one of the country’s busiest ports – have also hampered global trade.
Citing data from open vessel database Fleetmon and investment firm Liberum, the Telegraph reported that the number of ships waiting outside Shanghai and Hong Kong ports had also risen. It also mentioned that the number of goods stuck in harbors have increased. These problems have extended to ports located in the North Sea.
Joachim Klement, Liberum strategy analyst, commented on the update: “The main development of March is the reappearance of shipping congestion in the ports of Asia and the North Sea. Although we have already seen the effect of the Ukraine war on the resurgence of congestion, other effects are yet to come. Effects such as rising fuel costs, carrier boycotts and rail-to-sea conversions are yet to be reflected in shipping costs increases.” (Related: Shanghai covid lockdown to exacerbate supply chain crisis, making shipping containers nearly impossible to source.)
Beijing’s strict adherence to the “zero COVID” policy, which includes mandatory quarantine for individuals that test positive for COVID-19 despite having no symptoms, is impacting Chinese ports. The policy is contributing to a shortage of dockyard workers and truck drivers who spend time in isolation instead of transporting goods.
Roukaya Ibrahim, daily insights strategist at BCA Research, remarked that COVID-19 mandates for truck drivers exacerbate the supply chain snags.
Brighteon.TV
“The trucking shortage, along with a shortage of port workers, is also creating congestion off China’s ports – which is slowing down the delivery of goods in and out of [the country],” she said. “Travel restrictions, quarantines and policies that require truck drivers to take COVID-19 tests before crossing municipal borders are delaying the inland transportation of goods between factories and ports.”
Lockdowns bringing Shanghai residents to their breaking point
The more infectious yet milder B11529 omicron variant is responsible for the COVID-19 outbreak in Shanghai and other Chinese cities. According to the Telegraph, while the supply chain snags should be eased by reopening of businesses in Western countries – China’s adherence to zero COVID is causing severe disruption.
Under a “static management” policy, authorities have put Shanghai under a lockdown with people’s movements severely limited. Dwindling food supplies have also made Shanghainese virtually prisoners in their own homes. Thus, many residents have taken to screaming about their predicaments from the balconies of their homes.
In response, authorities called on locked-down Shanghainese to “control their souls’ desire for freedom.” India Today reported that officials in the eastern port city deployed drones discouraging people from going to their balconies to voice out their frustration. “Control the soul’s desire for freedom and do not open the window to sing. This behavior has the risk of spreading the epidemic,” the drones blurted out.
Some residents, however, vented their anger toward the “big whites” – volunteers tasked to help curb infections in the city. One footage that went viral on social media showed angry residents shoving “big whites” in Tyvek suits. The volunteers then retaliate by beating the residents with poles. The brawl then disperses, but not without the volunteers admonishing the residents.
“It is clear from the interactions seen in the clips that there is a growing sense of animosity between the ‘big white’ volunteers tasked with controlling the city’s outbreak and the increasingly frustrated residents,” a report from News.com.au pointed out. “The volunteers spend their days carrying out millions of COVID-19 tests every day. They also distribute food to locked-down residential compounds, and make the call on who can leave their building and who has to stay inside.”
CommunistChina.news has more stories about the Shanghai lockdown and its impact on the global supply chain.
Watch the video below that shows the chaos unfolding in Shanghai.
https://www.brighteon.com/3b1de8fc-b55a-...7e1227d718
https://www.naturalnews.com/2022-04-20-c...dwide.html
https://www.agweb.com/news/crops/corn/ch...oric-highs
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 rush.
About 680,000 tons will come from old crop, while the remaining 340,000 tons will be delivered in time for the 2022-23 marketing year.
“China’s in a hoarding mode right now,” says Brian Grete, editor of Pro Farmer, adding that he thinks this trend will continue.
“Food security is one of their top priorities, if not their top priority, and you just took a chunk out with Ukraine. Ukraine had become a major supplier of corn to China. And I think that we will see China in for more corn.”
Corn prices reached their highest levels since 2012 this week, with CBOT corn hitting over $7.83 per bushel.
As grain prices in general continue to soar, Grete expects China to stockpile other things besides corn as well. (Related: Last summer, the CCP was persecuting agriculture officials to try to cover up the country’s grain shortages.)
“We’ll probably also see China buying other commodities,” he says. “What commodities they have at home, especially wheat, which is about half of the global supply, they aren’t going to push onto the world market.”
“They’re going to keep those themselves. China’s historically a hoarder. And amid the inflating prices around the world, the tightening supplies, they are hoarding even more right now.”
https://naturalnews.com/2021-06-24-china...verup.html
China’s next wheat crop could be “worst in history,” warns agriculture minister
China remains iffy on the outlook for its own crops going into the next season. The country’s Minister of Agriculture and Rural Affairs recently said that China’s wheat crop is shaping up to be the “worst in history.”
On the flip side, China has also said that its crop might be in better shape than previously believed. These mixed signals have created confusion about what is really going on in China, though experts still expect that the country will continue to hoard supplies regardless.
“I think they could come in for the wheat market,” said Mark Gold of StoneX Group. “There’s been some talk about that for a while.”
“Right now, you look at some of the things that have been going on, Egypt is looking for wheat, it looks like it may come out of the Black Sea area, they’ll take the risk of shipping it. We know India’s got a bumper crop, 111 million metric tons, and they intend to ramp up exports dramatically.”
Since wheat is still being grown elsewhere in the world, Gold thinks it might be too early to declare that a global wheat shortage is inevitable.
“We harvest wheat somewhere around the world every month, so I’m just not sure wheat is in as dire situation as maybe corn and soybeans are,” he added.
“Let’s temper that by saying if you look at Texas, Oklahoma and Kansas, Montana, their crops are in bad shape, and not getting much better.”
Whatever winter wheat crop was still standing in Texas, however, may have been destroyed this past week by severe winds and high heat. Growers have indicated that most of the dryland wheat has already been written off by crop adjusters as drought conditions take their toll all across the Great Plains.
“Up until this point, some of the irrigated wheat was barely holding on,” reported AgWeb.
“However, the weather this week caused the wheat to already show signs of loss, which could further reduce U.S. wheat supplies.”
https://www.naturalnews.com/2022-04-20-g...plies.html
China’s draconian COVID restrictions are CRIPPLING supply chains worldwide
China’s draconian restrictions to curb the Wuhan coronavirus (COVID-19) have crippled supply chains worldwide. The stringent COVID-19 measures implemented in the eastern city of Shanghai – one of the country’s busiest ports – have also hampered global trade.
Citing data from open vessel database Fleetmon and investment firm Liberum, the Telegraph reported that the number of ships waiting outside Shanghai and Hong Kong ports had also risen. It also mentioned that the number of goods stuck in harbors have increased. These problems have extended to ports located in the North Sea.
Joachim Klement, Liberum strategy analyst, commented on the update: “The main development of March is the reappearance of shipping congestion in the ports of Asia and the North Sea. Although we have already seen the effect of the Ukraine war on the resurgence of congestion, other effects are yet to come. Effects such as rising fuel costs, carrier boycotts and rail-to-sea conversions are yet to be reflected in shipping costs increases.” (Related: Shanghai covid lockdown to exacerbate supply chain crisis, making shipping containers nearly impossible to source.)
Beijing’s strict adherence to the “zero COVID” policy, which includes mandatory quarantine for individuals that test positive for COVID-19 despite having no symptoms, is impacting Chinese ports. The policy is contributing to a shortage of dockyard workers and truck drivers who spend time in isolation instead of transporting goods.
Roukaya Ibrahim, daily insights strategist at BCA Research, remarked that COVID-19 mandates for truck drivers exacerbate the supply chain snags.
China’s draconian COVID restrictions are CRIPPLING supply chains worldwide
Wednesday, April 20, 2022 by: Ramon Tomey
Tags: badhealth, badmedicine, big government, chaos, China, Collapse, covid-19, lockdown, medical fascism, medical martial law, Medical Tyranny, pandemic, panic, port congestion, Shanghai, supply chain, trucking shortage, Wuhan coronavirus, zero covid
This article may contain statements that reflect the opinion of the author
Bypass censorship by sharing this link:
New
https://citizens.news/611991.html
Copy URL
60Views
Image: China’s draconian COVID restrictions are CRIPPLING supply chains worldwide
(Natural News) China’s draconian restrictions to curb the Wuhan coronavirus (COVID-19) have crippled supply chains worldwide. The stringent COVID-19 measures implemented in the eastern city of Shanghai – one of the country’s busiest ports – have also hampered global trade.
Citing data from open vessel database Fleetmon and investment firm Liberum, the Telegraph reported that the number of ships waiting outside Shanghai and Hong Kong ports had also risen. It also mentioned that the number of goods stuck in harbors have increased. These problems have extended to ports located in the North Sea.
Joachim Klement, Liberum strategy analyst, commented on the update: “The main development of March is the reappearance of shipping congestion in the ports of Asia and the North Sea. Although we have already seen the effect of the Ukraine war on the resurgence of congestion, other effects are yet to come. Effects such as rising fuel costs, carrier boycotts and rail-to-sea conversions are yet to be reflected in shipping costs increases.” (Related: Shanghai covid lockdown to exacerbate supply chain crisis, making shipping containers nearly impossible to source.)
Beijing’s strict adherence to the “zero COVID” policy, which includes mandatory quarantine for individuals that test positive for COVID-19 despite having no symptoms, is impacting Chinese ports. The policy is contributing to a shortage of dockyard workers and truck drivers who spend time in isolation instead of transporting goods.
Roukaya Ibrahim, daily insights strategist at BCA Research, remarked that COVID-19 mandates for truck drivers exacerbate the supply chain snags.
Brighteon.TV
“The trucking shortage, along with a shortage of port workers, is also creating congestion off China’s ports – which is slowing down the delivery of goods in and out of [the country],” she said. “Travel restrictions, quarantines and policies that require truck drivers to take COVID-19 tests before crossing municipal borders are delaying the inland transportation of goods between factories and ports.”
Lockdowns bringing Shanghai residents to their breaking point
The more infectious yet milder B11529 omicron variant is responsible for the COVID-19 outbreak in Shanghai and other Chinese cities. According to the Telegraph, while the supply chain snags should be eased by reopening of businesses in Western countries – China’s adherence to zero COVID is causing severe disruption.
Under a “static management” policy, authorities have put Shanghai under a lockdown with people’s movements severely limited. Dwindling food supplies have also made Shanghainese virtually prisoners in their own homes. Thus, many residents have taken to screaming about their predicaments from the balconies of their homes.
In response, authorities called on locked-down Shanghainese to “control their souls’ desire for freedom.” India Today reported that officials in the eastern port city deployed drones discouraging people from going to their balconies to voice out their frustration. “Control the soul’s desire for freedom and do not open the window to sing. This behavior has the risk of spreading the epidemic,” the drones blurted out.
Some residents, however, vented their anger toward the “big whites” – volunteers tasked to help curb infections in the city. One footage that went viral on social media showed angry residents shoving “big whites” in Tyvek suits. The volunteers then retaliate by beating the residents with poles. The brawl then disperses, but not without the volunteers admonishing the residents.
“It is clear from the interactions seen in the clips that there is a growing sense of animosity between the ‘big white’ volunteers tasked with controlling the city’s outbreak and the increasingly frustrated residents,” a report from News.com.au pointed out. “The volunteers spend their days carrying out millions of COVID-19 tests every day. They also distribute food to locked-down residential compounds, and make the call on who can leave their building and who has to stay inside.”
CommunistChina.news has more stories about the Shanghai lockdown and its impact on the global supply chain.
Watch the video below that shows the chaos unfolding in Shanghai.
https://www.brighteon.com/3b1de8fc-b55a-...7e1227d718
https://www.naturalnews.com/2022-04-20-c...dwide.html