log1_aa

3 ms·

1. 1.▲
   by log1_aa 5y ago

   You are right in that there are countries where wheat as a food source can be substituted with other sources of calories in case of relative price differences. These are usually countries where wheat is not a traditional food staple, but wh
2. 2.▲
   by log1_aa 5y ago

   I do not agree with the author's analysis - the impact on supply and demand are enormous, and the 1% number does not matter. Effectively, the wheat buyer in Egypt (and other importers) needs to pay high enough prices such that: 1. Indu
3. 3.▲
   by log1_aa 5y ago

   The photo shows pasture land, not winter wheat. The wheat crop in Ukraine is almost 100% winter wheat that is planted in the fall. Source: https://www.fas.usda.gov/sites/default/files/2022-03/Ukraine...
4. 4.▲
   by log1_aa 5y ago

   While the largest bulk carrier ships can indeed carry 300,000 tons of cargo, these ships are usually used to transport iron ore or other ores. It is very rare that wheat is transported on ships that carry more than 70,000 tons. The main rea