Positive Future News #927 (Feature Photo – Wheat Field – Public Domain, USDA)
Because wheat is a food staple for billions of people, slight kinks in its production and distribution can cause jitters around the globe. India is a nation that normally exports a small amount of wheat. Recently it announced a curtailment of its wheat exports to ensure enough for itself. The amount in question is only a few million metric tonnes, in a world that will produce some 790 million metric tonnes this year.
The issue is that the world does not have a strategic agreement to maintain sufficient grain stocks between growing seasons. Maybe that might be a good idea. You can read the full story here: https://www.nytimes.com/2022/05/14/world/asia/india-wheat-export-ban.html
