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SM Entrepreneuraholic
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Discussion Starter · #1 ·
From ZeroHedge
"The supply of food worldwide has been tight, since Russia’s war in Ukraine cut off vital shipments of resources needed to make fertilizer and grain products from the region.​
Several high-level executives from big agricultural firms such as Bayer, Corteva, Archer Daniels Midland, and Bunge, told The Wall Street Journal that it will take at least two more years of good harvests in North and South America to ease the supply pressures.​
“The current market expectation is that global grain and oilseeds markets need two consecutive normal crop years to stabilize global supplies,” said Chuck Magro, chief executive of Corteva, at an investor presentation this week.​
This year’s grain harvest has fallen below normal yields in the West, hindering efforts to restock global crop supplies he explained.​
The United States and South America, two of the world’s major crop exporters, faced persistent drought conditions this summer.​
The hot summer worsened drought conditions in states throughout the U.S. Grain Belt, which saw a major reduction in the harvest due to lack of water and a wet spring planting season earlier in the year.​
The Agriculture Department announced on Sept. 12, that it had lowered its nationwide corn production estimates to 13.9 billion bushels.​
This is 3 percent lower than its projections in August, about 8 percent lower than the total amount harvested last year.
Projections for soybean production estimates in September were down 3 percent from August, down slightly from 2021."​
 

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We had an extraordinarily hot summer. Many of us here in the area got no tomatoes.

My brother showed me a picture of some ears of corn a local farmer had. They had maybe three kernels on them. Even though the corn was irrigated, the heat caused the corn to not pollinate correctly.

I have not heard from any farmers on what their yield is, but those three cobs I saw were scary.
 

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SM Entrepreneuraholic
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Discussion Starter · #3 ·
We had an extraordinarily hot summer. Many of us here in the area got no tomatoes.

My brother showed me a picture of some ears of corn a local farmer had. They had maybe three kernels on them. Even though the corn was irrigated, the heat caused the corn to not pollinate correctly.

I have not heard from any farmers on what their yield is, but those three cobs I saw were scary.
I had 5 tomato plants and not an eatable tomato on any of them. I hand-pollinated my corn and had the best crop I ever had, but that was only about 30 plants.
 

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I’ve been encouraging people to grow as much of their own food as possible for decades and things like this is exactly why.
From the first time I had dirt I grew food
 
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