The world has only ten weeks of wheat left.

[Farfrae]

Allegedly

UKTIMENEWS.COM - Read the World Today

Read the World Today

www.uktimenews.com

 

[robs1]

It's a non story, it says stocks while they are down , long before the 10 weeks are up more will be harvested, the real story should be will the next 12 months harvest be enough to meet consumption, of course implying wheat will run out in ten weeks is a much better headline

 

[bobk]

I've got some I'm struggling to sell .

 

[David.]

Flying out the shed here..

 

[Northeastfarmer]

Flying out the shed here..

Is it windy with you?

 

[DrWazzock]

There are sensationalist news headlines and there is the much less extreme boring reality on the ground. Yes wheat supplies are tighter but not that tight. Gas is in shorter supply but not that short. Production tends to adjust to fill shortages. Different supply routes become viable. Prices don’t rise or fall forever.
Steady as she goes.

 

[yellow belly]

the world consumes 800 million tonnes of wheat per year 15 million tonnes per week

10 weeks is 150 million tonnes

 

[PSQ]

There is 'more than enough' wheat stored around the planet at this point in time.

It's just either in the wrong place, like Ukraine or Russia, or it exists on a mythical Chinese balance sheet. We've had 20 years of the USDA telling us that * "half the worlds available wheat is in China, prices must go down, blah blah blah".

* In the words of Warren Buffet, "its only when the tide goes out that you find out who's been swimming naked".
In 12 months time we're going to find out if the USDA's reports are as many have suspected: a load of cock and balls.

 

[jpd]

is that why there are famines?
plenty of food in the wrong place

 

[Still Farming]

Big place the World?

 

[Cab-over Pete]

is that why there are famines?
plenty of food in the wrong place

Partly.

And partly because over privileged nations governments (probably including ours) don’t really give a toss about famine on the other side of the world, as long as they’re alright and can pull the ladder up.

 

[Yale]

Cutting costs is far more important than increasing output.

It’s what helps pay the bills.

 

[Still Farming]

Blame the vegans for eating it all?

 

[Ffermer Bach]

Partly.

And partly because over privileged nations governments (probably including ours) don’t really give a toss about famine on the other side of the world, as long as they’re alright and can pull the ladder up.

hit the nail on the heat there, the entitlement of the West is sometimes beyond belief (I am also thinking about us importing trained doctors/nurses from third world countries who I guess really need them to stay where they were trained)

 

[Devil's advocate]

Cutting costs is far more important than increasing output.

It’s what helps pay the bills.

Oh, always been high yeilds man myself & worry yabout the money later.

 

[PSQ]

hit the nail on the heat there, the entitlement of the West is sometimes beyond belief (I am also thinking about us importing trained doctors/nurses from third world countries who I guess really need them to stay where they were trained)

But those foreign nurses and doctors also send home billions of £ and $ to their families in their home nations every year, which will be aided and abetted by their home governments as it strengthens their own economies. And those who do return also take world class cutting edge skills with them (pun intended).

There is one doctor who many in his country wished had never returned home, an ophthalmic surgeon who worked in Londons Western Eye Hospital before going back to Syria, to eventually become president: Bashar Al-Assad.

 

[SilliamWhale]

hit the nail on the heat there, the entitlement of the West is sometimes beyond belief (I am also thinking about us importing trained doctors/nurses from third world countries who I guess really need them to stay where they were trained)

That's not fair. Plenty of countries do themselves a mischief and corruption without it being "the west" fault