The Myth of Global Grain Shortages

I was looking at several newspapers relating to the famine in Tigray and happened to come across this piece. Once again it appears that several major grain players are using the Russia -Ukraine war of exploiting the price of grain throughout the world as these four behemoth's control 70% of all wheat.

So, what caused the surge in wheat prices?

To answer this question, we must follow the money. The global grain market operates as an oligopoly, with the four largest grain traders – Archer-Daniels-Midland, Bunge (which recently merged with Viterra), Cargill, and Louis Dreyfus – controlling more than 70pc of the market and Glencore accounting for another 10pc.

The Myth of Global Grain Shortages

In the early stages of the Ukraine war, especially between March and June 2022, the Big Four grain traders reaped record profits and revenues. Cargill's annual revenues were up 23pc, to 165 billion dollars, while Louis Dreyfus's profits soared by 80pc. These gains reflected price hikes not aligned with real-world demand and supply dynamics.

So why is it that the Biden administration does nothing as it affects all within the USA relating to meat, bread, restaurant and food in general. So the planned purge of the undesirables continues according to Hillary nation?

It never ends does it

a reply to: Waterglass
Louis Dreyfus as in Julia Louise Dreyfus? I ask as I recall reading back in the 90s that Julia was the heir to a billionaire. I never dug into it, but it popped into my head reading the OP.

The wheat shortage has always appeared manufactured to me. Having grown up in farming and moved in those circles all of my life…it was clear that something else was afoot for Ukraine to suddenly play such a pivotal, global supply role… the USA has long been known as the breadbasket of the world, the Ukraine had been recognized as the breadbasket of the former Soviet Union.

It’s clear that the precious metals market has been manipulated, it’s becoming increasingly clear that the grain market has been as well… To be a fly on the wall of Davos, CFR, TLC, Bilderberg, and the Bohemian Grove over the past several decade, as this plan was formed following their last failure for a global empire.

a reply to: BlueJacket

To be a fly on the wall of Davos, CFR, TLC, Bilderberg, and the Bohemian Grove over the past several decade, as this plan was formed following their last failure for a global empire.

One starts to wonder if they knew ahead that Russia would attack Ukraine

originally posted by: Waterglass
a reply to: BlueJacket

To be a fly on the wall of Davos, CFR, TLC, Bilderberg, and the Bohemian Grove over the past several decade, as this plan was formed following their last failure for a global empire.

One starts to wonder if they knew ahead that Russia would attack Ukraine

Indeed…knowledge by virtue of a plan. Putin playing his part, or other machinations, the result and response were well in hand.

a reply to: Waterglass
Our Ministry of Energy knew before 2022, because everyone was surprised that Ursula von der Leyen made coal and gas power plants "green" on the 31.12.2021.

Nobody knew, what that was about, until two months later. And no explanation was really given when it happened and why it had to happen over night into the new year.

originally posted by: Waterglass


I was looking at several newspapers relating to the famine in Tigray and happened to come across this piece. Once again it appears that several major grain players are using the Russia -Ukraine war of exploiting the price of grain throughout the world as these four behemoth's control 70% of all wheat.

So, what caused the surge in wheat prices?

To answer this question, we must follow the money. The global grain market operates as an oligopoly, with the four largest grain traders – Archer-Daniels-Midland, Bunge (which recently merged with Viterra), Cargill, and Louis Dreyfus – controlling more than 70pc of the market and Glencore accounting for another 10pc.

The Myth of Global Grain Shortages

In the early stages of the Ukraine war, especially between March and June 2022, the Big Four grain traders reaped record profits and revenues. Cargill's annual revenues were up 23pc, to 165 billion dollars, while Louis Dreyfus's profits soared by 80pc. These gains reflected price hikes not aligned with real-world demand and supply dynamics.

So why is it that the Biden administration does nothing as it affects all within the USA relating to meat, bread, restaurant and food in general. So the planned purge of the undesirables continues according to Hillary nation?

It never ends does it

It sounds as if you think the US President--whoever that happens to be--has the unilateral power to control grain prices globally. I wonder why you would think that?

The reason that grain traders made big profits between March and June 2022, is because as soon as Russia invaded Ukraine, the Black Sea became a war zone, maritime insurance went through the roof, and Ukrainian shipping stopped, for all practical purposes. About 10-15% of the world's wheat, barley, and corn supply was exported from Ukraine through the Black Sea, so that amount of the world's supply was off line until about August of 2022, when Russia agreed to allow some Ukrainian ships to pass. Because grain is a commodity traded internationally, the reduced supply caused prices to go up around the world. It's called supply and demand--you know, Capitalism.

What, exactly do you want the US President to do? Seize the assets of Archer Daniels Midland and Cargill? That would be Communism, wouldn't it?

Seriously, how about you explain in a few sentences exactly what the current President should do?

At the moment, Vladimir Putin has much more power to control international wheat prices than the US President does.

originally posted by: 1947boomer
What, exactly do you want the US President to do?

Strike down the ethanol/biofuel mandates, so we can go back to eating our crops versus burning them.

(Which, along the way, will fix other problems: including overproduction in unsuitable regions, and the mass overuse of glyphosate.)

a reply to: BlueJacket

Louis Dreyfus as in Julia Louise Dreyfus? I ask as I recall reading back in the 90s that Julia was the heir to a billionaire. I never dug into it, but it popped into my head reading the OP.

Looks like it is a family business and she's the billionaires daughter.

Born in France in 1932, Gérard C. Louis-Dreyfus grew up in Paris before moving to America when his parents divorced. His father, Pierre Louis-Dreyfus, who worked for the family’s agriculture processing giant Louis Dreyfus Group, was also a part of the French Resistance in World War II. His mother was the American-born daughter of a Brazilian father and a Mexican mother.

He was a billionaire businessman who started his career as a lawyer, working for a New York City law firm after graduating from Duke University’s School of Law. He then went on to serve as the chairman of Louis Dreyfus Energy Services.

Who was William Louis-Dreyfus?

originally posted by: TheLieWeLive
a reply to: BlueJacket

Louis Dreyfus as in Julia Louise Dreyfus? I ask as I recall reading back in the 90s that Julia was the heir to a billionaire. I never dug into it, but it popped into my head reading the OP.

Looks like it is a family business and she's the billionaires daughter.

Born in France in 1932, Gérard C. Louis-Dreyfus grew up in Paris before moving to America when his parents divorced. His father, Pierre Louis-Dreyfus, who worked for the family’s agriculture processing giant Louis Dreyfus Group, was also a part of the French Resistance in World War II. His mother was the American-born daughter of a Brazilian father and a Mexican mother.

He was a billionaire businessman who started his career as a lawyer, working for a New York City law firm after graduating from Duke University’s School of Law. He then went on to serve as the chairman of Louis Dreyfus Energy Services.

Who was William Louis-Dreyfus?

Well, I’ll be! She is no small potato!

originally posted by: 1947boomer

originally posted by: Waterglass


I was looking at several newspapers relating to the famine in Tigray and happened to come across this piece. Once again it appears that several major grain players are using the Russia -Ukraine war of exploiting the price of grain throughout the world as these four behemoth's control 70% of all wheat.

So, what caused the surge in wheat prices?

To answer this question, we must follow the money. The global grain market operates as an oligopoly, with the four largest grain traders – Archer-Daniels-Midland, Bunge (which recently merged with Viterra), Cargill, and Louis Dreyfus – controlling more than 70pc of the market and Glencore accounting for another 10pc.

The Myth of Global Grain Shortages

In the early stages of the Ukraine war, especially between March and June 2022, the Big Four grain traders reaped record profits and revenues. Cargill's annual revenues were up 23pc, to 165 billion dollars, while Louis Dreyfus's profits soared by 80pc. These gains reflected price hikes not aligned with real-world demand and supply dynamics.

So why is it that the Biden administration does nothing as it affects all within the USA relating to meat, bread, restaurant and food in general. So the planned purge of the undesirables continues according to Hillary nation?

It never ends does it

It sounds as if you think the US President--whoever that happens to be--has the unilateral power to control grain prices globally. I wonder why you would think that?

The reason that grain traders made big profits between March and June 2022, is because as soon as Russia invaded Ukraine, the Black Sea became a war zone, maritime insurance went through the roof, and Ukrainian shipping stopped, for all practical purposes. About 10-15% of the world's wheat, barley, and corn supply was exported from Ukraine through the Black Sea, so that amount of the world's supply was off line until about August of 2022, when Russia agreed to allow some Ukrainian ships to pass. Because grain is a commodity traded internationally, the reduced supply caused prices to go up around the world. It's called supply and demand--you know, Capitalism.

What, exactly do you want the US President to do? Seize the assets of Archer Daniels Midland and Cargill? That would be Communism, wouldn't it?

Seriously, how about you explain in a few sentences exactly what the current President should do?

At the moment, Vladimir Putin has much more power to control international wheat prices than the US President does.

Well one thing this US president could do is start initiating a peace process with Russia included. Not the farce they tried to pull off in Jedda. If he were to initiate a peace process that included Russia then I just bet things would be a little different. However we know that doesnt jive with his deluded fantasy of being the new FDR and Russia is the new Nazi Germany. So that wont happen.

a reply to: Waterglass

So why is it that the Biden administration does nothing as it affects all within the USA relating to meat, bread, restaurant and food in general. So the planned purge of the undesirables continues according to Hillary nation?

Possibly because all those items are bought and sold on the commodities market, if anyone is responsible for higher wheat prices it's the media creating another fake crosses for views. Even Biden wouldn't kick his own lapdog.

a reply to: 1947boomer

He went green he can do anything. Just like as to who unleashed the trans