A world grain shortage puts tens of millions at risk

Re:A world grain shortage puts tens of millions at risk by anamax on Saturday May 21, 2022 @08:39PM (#31463726)

> Just a 10% increase in production in the US alone

And how does that happen? Be very specific and quantitative. For example, which land gets planted that isn't planted now. Or, which crop gets replaced. Where do the inputs come from and how is that paid for? (Be sure to include equipment.)

Bloomberg notwithstanding, US farmers are actually fairly technically sophisticated. They're also money driven and competent.

[ Parent | on HN ]

Re:A world grain shortage puts tens of millions at risk by peyton on Saturday May 21, 2022 @08:44PM (#31463764)

Futures? This is what they’re for. Agriculture deals with shocks all the time. Nobody’s going to give you a centrally planned rundown.

[ Parent | on HN ]

Re:A world grain shortage puts tens of millions at risk by anamax on Saturday May 21, 2022 @10:15PM (#31464293)

Futures is just how farmers could pay to produce this extra 10%, assuming that everyone involved believes that farmers could deliver at less than the "raised" amount.

Futures doesn't address any of the "how do they actually do it" issues that I raised.

[ Parent | on HN ]