World has 10-week supply of wheat, expert tells UN Security Council.
“This isn’t cyclical. This is seismic,” Menker said during a special meeting of the UN Security Council. “Even if the war were to end tomorrow, our food security problem isn’t going away anytime soon without concerted action.”
Before the Russia-Ukraine conflict began, the two countries supplied a combined one third of the world’s wheat exports and were in the top five exporters of corn. Coupled with widespread fertilizer shortages, supply chain issues and record droughts, the world has about 10 weeks worth of wheat on hand, Menker said.
China has been hoarding grains for over a year.
In Saskatchewan, overall spring seeding is running behind schedule, due to cold and wet.
Smallest HRW #Wheat Crop since 1963 – U.S. winter #wheat conditions deteriorated again this past week. Read more: https://t.co/oxwwRfElmf#AgTwitter
— DTN/Progressive Farmer (@dtnpf) May 22, 2022
Drip, drip, drip.


