#FoodSecurity: Wheat crop harvests in Russia and Ukraine at risk for 2023. Simon Constable, Barron's.
The John Batchelor Show
John Batchelor
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🗓️ 23 March 2023
⏱️ 11 minutes
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#FoodSecurity: Wheat crop harvests in Russia and Ukraine at risk for 2023. Simon Constable, Barron's.
https://www.barrons.com/articles/wheat-prices-commodities-trade-110226e8?refsec=commodities&mod=topics_commodities
Transcript
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| 0:00.0 | This is CBS, Pyle the World. I'm John Batchett. |
| 0:03.6 | The headline, Russia agrees to extend the Ukraine grain deal again. |
| 0:08.8 | Turkey and Ukraine say the agreement with Russia to allow grain exports, reports NPR. |
| 0:14.7 | From Ukrainian ports to a safe quarter in the Black Sea has been extended. |
| 0:19.6 | There is a caveat here, however. |
| 0:21.7 | There's a subsequent headline that Putin, Vladimir Putin, |
| 0:26.3 | several days in meetings with his Chinese allies, warns that Russia could drop the deal after 60 days. |
| 0:34.2 | Moscow, AP, Russian President Putin, reaffirmed on Monday that Moscow has agreed to extend a deal, |
| 0:41.0 | allowing the exports. However, only for 60 days and could drop it all together if its conditions |
| 0:49.4 | aren't met. Food for Africa, food for the Indo-Pacific, food for the world, not only out of Russia |
| 0:57.6 | and Russia's harvest in the spring, but also out of Ukraine. Except, I welcome Simon Constable, |
| 1:04.4 | writing most recently for Barrens, he writes for Wall Street Journal and other distinguished |
| 1:08.5 | publications. He is in the South of France. He is in agricultural heaven, the paradise surrounded by |
| 1:15.7 | farmers, French farmers. This is a part of France that never knows what, and yet at the same time, |
| 1:22.2 | Simon writing for Barrens about the wheat crop that is now at risk because of war. Simon, |
| 1:29.8 | a very good day to you. What is the threat and where does it come from about this year's wheat |
| 1:36.8 | harvest in the springtime? Good evening to you. Good evening to you, John. This is fascinating. |
| 1:43.5 | Let's stop with the weather. The weather is going to be a scorcher this summer. That's what |
| 1:48.7 | weather forecasters are saying, really scorching hot. It's for two reasons. One is the grand solar |
| 1:55.8 | cycle minimum, which is coming about where there are very few spots on the surface of the sun. That |
| 2:00.5 | tends to make it very hot on the ground here in Earth and at the sun in a long way away. Also, |
| 2:07.2 | last year's Tonga volcano undersea eruption, which pushed 45 billion metric tons of water vapour |
... |
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