I’ve been hearing dire warnings about the global food supply – due to the US-Iran war, Russia-Ukraine war, and Super El Nino all coinciding – in alternative blogs and podcasts sources for at least six months now. I look at mostly left-leaning sources but a few right-leaning ones too. I monitor these precisely because they often tell a different story than the mainstream media. I remain aware though that they tend to be biased negative, and sometimes they feature legitimate geopolitical experts opining on financial and economic topics they are not experts in. But they can also serve as an early warning. When we see headlines starting to trickle from alternative media to the very center of the main stream, there is cause for concern. Here is a headline from CNBC: ‘Perfect storm’ brews for global food supply this winter as grain prices soar.
“We’ve got no end in sight to the Black Sea problem. The issue with fertilizer since the start of the Iran conflict is still there and if anything getting worse. U.S. corn yields look concerning after a wet spring and less fertilizer use, and could push prices up.”
“And we’ve got uncertainty from a massive El Niño event about to hit,” he said, referring to the weather event expected to increase volatility in the southern hemisphere.
“It’s just a huge mix of different issues and we don’t know how they’re going to end. It’s a perfect storm.”
