Re:Italy Braces for Pasta Inflation Amid Soaring Durum Wheat...
by montalbano on Sunday September 12, 2021 @05:08AM
(#28499644)
The article you linked says that they had difficulty planting because of weather conditions - that doesn't seem planned, or in any way related to modern monetary theory.
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Re:Italy Braces for Pasta Inflation Amid Soaring Durum Wheat...
by christkv on Sunday September 12, 2021 @08:06AM
(#28500427)
With both France and the UK each projected to see a more than a 5-million-tonne reduction in their 2020-21 wheat crops, EU wheat output is forecast to fall by nearly 11 million tonnes year-on-year to 144 million tonnes due to a 700,000-hectare decrease in planted area.
That’s seems like they are removing land from production unless I understand that wrong.
Re:Italy Braces for Pasta Inflation Amid Soaring Durum Wheat...
by montalbano on Sunday September 12, 2021 @10:51AM
(#28501675)
I could be reading it wrong, but based on this:
> The European Union’s grain output in 2020-21 is forecast to decline by 3% over the previous year due to extremely challenging planting conditions
My understanding is that they cannot plant due to the weather conditions.
Re:Italy Braces for Pasta Inflation Amid Soaring Durum Wheat...
by christkv on Sunday September 12, 2021 @01:48PM
(#28503213)
Looks like land abandonment is a growing concern https://ec.europa.eu/jrc/en/publication/eur-scientific-and-t...