Re:Bank of England warns of 'apocalyptic' global food shortage
by nsotelo on Tuesday May 17, 2022 @01:31AM
(#31406384)
It's not important because it won't affect the US?
Re:Bank of England warns of 'apocalyptic' global food shortage
by codefreeordie on Monday May 16, 2022 @11:41PM
(#31405804)
I was including the US among the rich countries where people won't starve, but will instead merely pay more and possibly have less choice available that they can afford.
It will be in the places where people already live close to the edge where true hunger will emerge.
Re:Bank of England warns of 'apocalyptic' global food shortage
by xrd on Tuesday May 17, 2022 @12:06AM
(#31405931)
That's a good point. I'm curious if those countries which aren't overwhelmed by globalization and still produce locally will be alright. As I read the articles about where wheat importing is happening, like Indonesia, China, Japan, Vietnam, I wonder if those shortages will only affect the upper class who are buying those Western goods, while people who still use rice as their main staple will be ok. I'm not sure.
Will this affect US wheat prices?
Yes, because they are priced on the global market.
Will it mean citizens of the US will not have enough wheat to eat?
No, generally it won't, because the US doesn't import wheat at all.
https://www.wusa9.com/article/news/verify/the-russian-invasi...
Pay attention to the articles, many of them confuse global supply with exports, as if all countries need to import everything they consume. That's not true. These fluctuations will affect people and prices but the reporting is often hyperbolic and incorrect.