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Wheat futures up near 6% today, 92% since Brandon took office.

 
Remedial_Rebel

User ID: 78258400
United States
05/16/2022 01:20 PM

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Wheat futures up near 6% today, 92% since Brandon took office.
Wheat futures were $650 when Brandon took office. $850 (30%) before Russia invaded Ukraine. Now about $1250 a 92% increase.


[link to www.investing.com (secure)]


Anticipating the production crash in 6 months?

With fertilizer shortage, hyper inflation of fuel and other factors, analyst predicting a production crash in 6 months, futures will rapidly climb from this point.

It explains India's radical move.

Thread: India immediately bans wheat exports ▪India bans wheat exports, the ban takes effect immediately, — the Ministry of Trade and Indust

ididthat




The time is now to store flour and get a bread maker/pasta maker.

Last Edited by Remedial_Rebel on 05/16/2022 01:23 PM
Remedial_Rebel  (OP)

User ID: 78258400
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05/16/2022 01:38 PM

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Re: Wheat futures up near 6% today, 92% since Brandon took office.
The way this going, you'll need a wheelbarrow full of money to buy a loaf of bread like 1930s Germany.
Anonymous Coward
User ID: 82216744
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05/16/2022 01:40 PM
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Re: Wheat futures up near 6% today, 92% since Brandon took office.
Wheat futures were $650 when Brandon took office. $850 (30%) before Russia invaded Ukraine. Now about $1250 a 92% increase.


[link to www.investing.com (secure)]


Anticipating the production crash in 6 months?

With fertilizer shortage, hyper inflation of fuel and other factors, analyst predicting a production crash in 6 months, futures will rapidly climb from this point.

It explains India's radical move.

Thread: India immediately bans wheat exports ▪India bans wheat exports, the ban takes effect immediately, — the Ministry of Trade and Indust

:ididthat:




The time is now to store flour and get a bread maker/pasta maker.
 Quoting: Remedial_Rebel


And yeast
Anonymous Coward
User ID: 82976365
Canada
05/16/2022 01:41 PM
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Re: Wheat futures up near 6% today, 92% since Brandon took office.
I don't blame India one little bit even though it's a complete turn around from what Modi was saying a week ago, you've got to take care of your own first. And if people think things are bad now wait until all that Ukrainian wheat that should be getting planted right now and isn't doesn't hit the market.
Anonymous Coward
User ID: 80039739
United States
05/16/2022 02:09 PM
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Re: Wheat futures up near 6% today, 92% since Brandon took office.
Wheat futures were $650 when Brandon took office. $850 (30%) before Russia invaded Ukraine. Now about $1250 a 92% increase.


[link to www.investing.com (secure)]


Anticipating the production crash in 6 months?

With fertilizer shortage, hyper inflation of fuel and other factors, analyst predicting a production crash in 6 months, futures will rapidly climb from this point.

It explains India's radical move.

Thread: India immediately bans wheat exports ▪India bans wheat exports, the ban takes effect immediately, — the Ministry of Trade and Indust

:ididthat:




The time is now to store flour and get a bread maker/pasta maker.
 Quoting: Remedial_Rebel


And yeast
 Quoting: Anonymous Coward 82216744


Did that already!

Started think about how much wheat the eight of us eat just a loaf of bread 1-4 pounds of flour so one small 1 pound loaf a week is 52 pounds then how much in meals of the processed food we eat I tripled to 150 pound of flour needed for a year froze and mylar, and stacked whole wheat berry's 200 pounds in #10 cans from LDS about a $1 a pound.

Going for some bulk bags of untreated triple washed whole wheat berry's Oat groats and whole corn $15 for 50pounds from the feed store! It even sprouts @ 90% and the chickens will eat it in a year or so.
dr0id

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05/17/2022 12:44 PM

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Re: Wheat futures up near 6% today, 92% since Brandon took office.
https://imgur.com/SyrCWQF

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Global wheat prices hit record high after India puts ban on export
[link to economictimes.indiatimes.com (secure)]
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Anonymous Coward
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05/17/2022 12:48 PM
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Re: Wheat futures up near 6% today, 92% since Brandon took office.
Well so much for "let them eat cake".
General Mishka

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05/17/2022 12:50 PM
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Re: Wheat futures up near 6% today, 92% since Brandon took office.
Wheat up another 2 % today
Nat Gas up another 3%
Anonymous Coward
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Canada
05/17/2022 12:51 PM
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Re: Wheat futures up near 6% today, 92% since Brandon took office.
Bill Gates' investment in farm land is going to pay off bigly.





GLP