Food riots thread…and energy.

[Longshot231]

I talked with a couple of gentlemen who were guests of the Japanese during WWII. They told me that they had to feast on rats every day of captivity.

I asked them what it was like to eat a rat. They said it was just like eating a squirrel.

I'll take the squirrels and rats over this stuff any day.

 

[Hobo Hilton]

PA food supplier warns Americans getting squeezed by inflation are becoming 'resistant' to higher prices

American grocery shoppers and food suppliers alike are "tightening it up" within budgets as inflationary pressures weigh heavily on states like Pennsylvania.

www.foxbusiness.com

 

[Hobo Hilton]

Truly, more "Food Riots"....

SHAMBHU, India, Feb 21 (Reuters) - Indian police fired tear gas and water cannons on Wednesday to scatter thousands of farmers trying to stage a protest march to Delhi after they rejected a government offer on prices for their produce, prompting an offer of fresh talks.
The farmers, mostly from the northern state of Punjab, have been demanding higher prices backed by law for their crops. They form an influential bloc of voters Prime Minister Narendra Modi cannot afford to anger ahead of general elections due by May.

Police fire tear gas on Indian farmers marching to capital, government offers talks

Indian police fired tear gas and water cannons on Wednesday to scatter thousands of farmers trying to stage a protest march to Delhi after they rejected a government offer on prices for their produce, prompting an offer of fresh talks.

www.reuters.com

 

[Hobo Hilton]

Get a clue from this article. Not too late to "seed save".

Svalbard’s doomsday vault gets record batch of global crop seeds

A frozen Arctic vault built to preserve global agricultural crops from extinction received seeds on Tuesday from the largest number of new contributors yet, a custodian of the remote facility said.

www.reuters.com

 

[IronSkillet]

Bigger Reset then what I was thinking.

 

[Hobo Hilton]

Events of this morning are popping up on my radar. Price of oil and price of gold. Both noteworthy.

https://oilprice.com/Energy/Crude-Oil/WTI-Soars-Past-80-per-Barrel-as-Oil-Market-Tightens.html

 

[eca7891]

This may become very relevant soon.

 

[Hobo Hilton]

This may become very relevant soon.

Yep, the DXY trended down this week, also.
Oil has bumped $80 this week
Inflation rages on
30 year mortgage is 7% +

Not seeing where Biden's "State of the Nation" had any effect on the markets.

 

[Hobo Hilton]

Dairy cattle in Texas and Kansas test positive for bird flu​

https://apnews.com/article/bird-flu-dairy-cattle-usda-kansas-texas-c3040bb31a9a8293717d47362f006902

 

[IronSkillet]

Will they use this as an excuse to mandate mNRA injections for the cows, they have to use these jabs somewhere seeing people don’t want them anymore. Guess they can always starve the numbers down, us not the cows.

 

[Hobo Hilton]

Buying the same thing, over and over... Just paying more for it. The purchasing power of the USD is in free fall.

Cocoa prices hit $10,000 per metric ton for the first time ever

Cocoa reached hit a record Tuesday as high demand and supply constraints fuel prices higher.

www.cnbc.com

 

[eca7891]

Some typical prescriptions are currently unavailable and on back order.

No known delivery date.

 

[Hobo Hilton]

Some typical prescriptions are currently unavailable and on back order.

No known delivery date.

 

[eca7891]

View attachment 8381798

That’s the near future.

 

[Hobo Hilton]

That’s the near future.

In the mean time:

Gold price holding solid gains as U.S. consumer confidence falls to 104.7

The Kitco News Team brings you the latest news, videos, analysis and opinions regarding Precious Metals, Crypto, Mining, World Markets and Global Economy.

www.kitco.com

 

[Hobo Hilton]

The USDA can't run a 2 car parade.

Bloomberg: Senators Fight to Stop Beef From Paraguay Being Imported to US - Senator Jon Tester

A bipartisan Senate duo wants to buck Biden administration policy by again blocking beef imports from Paraguay, according to a copy of a resolution first obtained by Bloomberg Government. Sens. Jon Tester (D-Mont.) and Mike Rounds (R-S.D.) today will introduce the measure, which would reverse a...

www.tester.senate.gov

 

[Hobo Hilton]

“Overall, currently about 43.4 Million acres are foreign owned. Maine is the highest with 21.1% Of all their land is foreign owned,” said Commissioner of Agriculture Dr. Mike Strain.
In Louisiana, a little over 8% of our land is foreign owned, mostly by Canada. But the main concern is countries like China, who were referred to as potential bad actors.

Bill to ban foreign adversaries from owning farmland returns to Capitol

But a bill at the state legislature looks to put an end to all of that, at least here in Louisiana.

www.wafb.com

 

[Hobo Hilton]

You will remember this when China tells you "You will like eating worms".
________________
Montana Farmers Union President Walt Schweitzer, came across the study while researching the Right to Repair in the United States.
The interim study resolution led to the Economic Affairs Interim Committee inviting Montana Farmers Union, Frontline Ag Solutions, Torgerson's LLC, and Montana Farm Bureau to attend a March 4 hearing.
"You guys are not naïve," Schweitzer exclaimed to the Committee. "You hear all the time how data is being hacked. That data is hack-able. Much of these tools that are being built, have been built by China. So they have a back door to this data."

Montana Ag Network: Pushing for agriculture data privacy

Precision Agriculture is an all encompassing term for farming methods using technology to enhance production.

www.kpax.com

 

[Hobo Hilton]

Bribes and lies to reduce food production in America.

WASHINGTON, April 11 (Reuters) - President Joe Biden's administration is offering farmers money for adopting practices that store carbon in the soil to fight climate change, but Reuters interviews with soil science experts and a review of U.S. Department of Agriculture research indicate doubt that the approach will be effective.
Farm practices like planting cover crops and reducing farmland tilling are key to the USDA's plan for slashing agriculture's 10% contribution to U.S. greenhouse gas emissions as the U.S. pursues net-zero by 2050. Ethanol producers also hope those practices will help them secure lucrative tax credits for sustainable aviation fuel (SAF) passed in the Inflation Reduction Act (IRA).

https://www.reuters.com/business/environment/us-bets-climate-friendly-farming-experts-doubt-it-is-climate-friendly-enough-2024-04-11/?utm_source=Sailthru&utm_medium=Newsletter&utm_campaign=Daily-Briefing&utm_term=041124&user_email=f3e2c3aea7d0c0e9578e509938748e2561814bda768950cda356e6e7df4fd38b

 

[LawTalker]

"Food riot in progress..."

 

[Hobo Hilton]

Food security threatened by extreme flooding, farmers warn

Record-breaking rainfall leaves fields under water, threatening this year's harvest yield and quality.

www.bbc.com

 

[Hobo Hilton]

Energy Related:

Senator Dan Sullivan (R-Alaska) said a day before the expected Interior announcement that “This administration is deliberately undertaking policies to punish Americans and undermine our strengths while continuing to help our adversaries.”

https://oilprice.com/Latest-Energy-News/World-News/Biden-Administration-Restricts-Oil-Drilling-and-Mining-in-Alaska.html

 

[Hobo Hilton]

Chemicals in drinking water:

US designates PFAS chemicals as Superfund hazardous substances​

Interactive Map: PFAS Contamination Crisis: New Data Show 5,021 Sites in 50 States

The known extent of contamination of American communities with the highly toxic fluorinated compounds known as PFAS continues to grow at an alarming rate.

www.ewg.org

https://www.reuters.com/business/environment/us-designates-pfas-chemicals-superfund-hazardous-substances-2024-04-19/

 

[Hobo Hilton]

Some typical prescriptions are currently unavailable and on back order.

No known delivery date.

Chatter showing up on shortage or discontinued "old" prescriptions that worked just fine and were low cost.
Replaced by very expensive alternatives that insurance / Medicare do not cover.

 

[Hobo Hilton]

Some "real" inflation numbers.

First-generation Idaho ranchers struggle to stay afloat as inflation drives costs up by 75%

First generation cattle ranchers Megan and Trevor Stark elaborate on how rising prices and efforts to cut costs have impacted their business on "America Reports."

www.foxnews.com

 

[NoDopes]

It started with the attack on nitrogen fertilizer. Drive up the input costs and the only thing we will be able to afford to eat will be bugs. Those antifa fucks are probably attacking the chicken farms from upwind as well.

 

[babyguppy]

Chatter showing up on shortage or discontinued "old" prescriptions that worked just fine and were low cost.
Replaced by very expensive alternatives that insurance / Medicare do not cover.

no money to be made in the cheap stuff; for anyone. They don't care about you, just their bottom line.

 

[brianf]

no money to be made in the cheap stuff; for anyone. They don't care about you, just their bottom line.

There is no profit in generics. It’s a volume game.

Once off patent the primary mfg is usually out of the product in 10 years.

If there is a discontinued “working” product it’s because there is a newer more effective, less side effects, less drug interaction product available.

No one stops making products that are profitable.

 

[babyguppy]

There is no profit in generics. It’s a volume game.

Once off patent the primary mfg is usually out of the product in 10 years.

If there is a discontinued “working” product it’s because there is a newer more effective, less side effects, less drug interaction product available.

No one stops making products that are profitable.

not always true
"If there is a discontinued “working” product it’s because there is a newer more effective, less side effects, less drug interaction product available."

the newer product, is just under gov protection. So, they are back again to producing something at a higher margin.
Take Freon R12.. effective as hell. Discontinued because everyone was making it, and Dupont wasn't making a profit anymore.
Dupont, makes R134, pays politicians, to say, R12 is evil and we must use R134a to save the world. Dupont makes $$$. 10 years later, patent wears off.
Enter the world of 1234YF. Ahh, new patent, new protection, pay politicians, make $$.
Don't worry, in another 10 years, another new world saver will be found.

 

[brianf]

not always true
"If there is a discontinued “working” product it’s because there is a newer more effective, less side effects, less drug interaction product available."

the newer product, is just under gov protection. So, they are back again to producing something at a higher margin.
Take Freon R12.. effective as hell. Discontinued because everyone was making it, and Dupont wasn't making a profit anymore.
Dupont, makes R134, pays politicians, to say, R12 is evil and we must use R134a to save the world. Dupont makes $$$. 10 years later, patent wears off.
Enter the world of 1234YF. Ahh, new patent, new protection, pay politicians, make $$.
Don't worry, in another 10 years, another new world saver will be found.

Having the industry hamstrung with generics at zero margin stagnates advances in medicine. There’s no ROI so investment houses won’t fund research.

Not saying old stuff doesn’t work well but especially on the drug front some of these new drugs are almost miracles for terminal or chronic conditions.

 

[lariat]

Having the industry hamstrung with generics at zero margin stagnates advances in medicine. There’s no ROI so investment houses won’t fund research.

Not saying old stuff doesn’t work well but especially on the drug front some of these new drugs are almost miracles for terminal or chronic conditions.

You do realize your post is a non-sequitr?

 

[brianf]

You do realize your post is a non-sequitr?

You do realize this is instagram for men?

if you are taking spelling and grammar serious on a website known for its tits pics you need to get out more

It’s longer to fix in a phone than it is to write the post.

So what ever is sent is sent

 

[lariat]

You do realize this is instagram for men?

if you are taking spelling and grammar serious on a website known for its tits pics you need to get out more

It’s longer to fix in a phone than it is to write the post.

So what ever is sent is sent

You say the old stuff still works but its market availability as generics impedes the ROI for the new stuff. That generics that are cheaper and could be used across all income spectrums needs to take a backseat to newer drugs that are priced out of the market of a lower income demographic. It may be miraculous (doubtful), but if only those that can afford it or those with insurance have it approved can get access to it how miraculous is it really? So those who can’t afford it suffer. All in the name of ROI.

You just showed how erroneous our medical system is. But it does explain the ivermectin fiasco and how people died because of others chasing money.

 

[brianf]

You say the old stuff still works but its market availability as generics impedes the ROI for the new stuff. That generics that are cheaper and could be used across all income spectrums needs to take a backseat to newer drugs that are priced out of the market of a lower income demographic. It may be miraculous (doubtful), but if only those that can afford it or those with insurance have it approved how miraculous is it? All in the name of ROI.

You just showed how erroneous our medical system is. But it does explain the ivermectin fiasco.

If there is no ROI how do you run a company.

Over the last 4-5 years we got out of the “generic” calcium / Tylenol product market.

To grow the company and increase revenue the infrastructure needed to increase the same amount as changing markets is cost prohibitive.

So I could just sit there and loose market share and make less money or move on.

Think a company can make money and stay in business just making generics for “poors”.. not happening

 

[lariat]

If there is no ROI how do you run a company.

Over the last 4-5 years we got out of the “generic” calcium / Tylenol product market.

To grow the company and increase revenue the infrastructure needed to increase the same amount as changing markets is cost prohibitive.

So I could just sit there and loose market share and make less money or move on.

Think a company can make money and stay in business just making generics for “poors”.. not happening

Thanks for admitting it and proving my point. Carry on.

 

[brianf]

Thanks for admitting it and proving my point. Carry on.

If you point was how to sell products at market cost and go out of business…then glad I helped.

But then we have this thing called reality…

 

[NoDopes]

Ivermectin and HCQ work
Clotshot kills
Hide death stats for 75 years
Kill off your customer base to sell some heart meds.
I'm not sure who was driving these decisions.

 

[Hobo Hilton]

Using Ethylene Oxide as a fumigant in spices that are shipped all over the world.
_______________________

India tells spice makers to verify quality after Hong Kong allegations​

https://www.reuters.com/world/india/indias-everest-says-its-food-products-are-safe-after-hong-kong-halts-sale-2024-04-23/

 

[Hobo Hilton]

This should run up a "Red Flag".

BEIJING, May 8 (Reuters) - China has approved the safety of gene-edited wheat for the first time as Beijing cautiously moves forward with commercial growing of genetically modified food crops.
China has in the past year ramped up approvals of genetically modified (GM) corn and soybean seeds that are higher-yielding and resistant to insects and herbicide to secure its food security, but the uptake remains slow and cautious due to concerns about the impact to health and ecology.

Unlike genetic modification, which introduces foreign genes into a plant, gene editing alters existing genes to change or improve its performance and is viewed by some scientists as less risky than genetically modifying them.
China mostly imports GM crops such as corn and soybeans for animal feed and grows non-GM varieties for food consumption. Many Chinese consumers remain concerned about the safety of GM food crops.

https://www.reuters.com/markets/commodities/china-approves-first-gene-edited-wheat-step-open-up-gm-tech-food-crops-2024-05-08/

 

[Hobo Hilton]

Anyone know where the $1.2 trillion that pays for food stamps comes from ? It comes from a program that was set up to help the farmers.
Farmers are being left out while the Government feeds the masses.

The Farm Bill is a large piece of legislation that's home to 85% of Supplemental Nutrition Assistance Programs (SNAP) formerly known as Food Stamps. It's a major cause of division at party lines.

Montana Ag Network: Congressional delegates weigh in on Farm Bill proposal

Congress put the Farm Bill on a back burner in late 2023 to navigate through the appropriations process.

www.kpax.com

 

[Hobo Hilton]

Shares of agricultural equipment maker Deere & Company (NYSEE) are plunging today after the company’s lowered financial outlook overshadowed its better-than-anticipated second-quarter performance.

During the quarter, Deere’s top line declined by nearly 12.4% year-over-year to $15.24 billion. Still, the figure came in ahead of expectations by $1.95 billion. Similarly, its EPS of $8.53 topped estimates by $0.67. In the comparable year-ago period, Deere’s EPS stood at $9.65.​

Deere’s Q2 performance points to continued pressure of tepid demand for farm machinery owing to lower crop prices. Net sales in Deere’s Production and Precision Agriculture segment declined by 16% to $6.58 billion owing to lower shipment volumes. Concurrently, its Small Agriculture and Turf net sales declined by 23% to $3.18 billion. The company’s Construction and Forestry segment, in comparison, fared better with a 7% decline in net sales.

 

[Hobo Hilton]

Mondelez strikes again. One company screwing up a lot of great products.

Shrinkflation: Ritz reduces content by 30% but price remains same

The 200g packs of Original and Cheese crackers have been replaced by packs weighing 150g and 140g.

www.bbc.com

 

[Haney]

 

[eca7891]

https://x.com/gatewaypundit/status/1796587880413831421

It’s a known issue that chickens spontaneously combust.

 

[Hobo Hilton]

https://x.com/gatewaypundit/status/1796587880413831421

It’s a known issue that chickens spontaneously combust.

Chicken waste is an excellent fertilizer, but with the growing season still weeks away it’s piling up in barns across the South. To reduce the risk of fire from spontaneous combustion, poultry experts are warning farmers that piles 6½- to 7-feet high are high enough. One pile caught fire in western Arkansas this week, triggering a wildfire that destroyed a mobile home.

https://www.staradvertiser.com/2017/01/12/breaking-news/experts-warn-of-spontaneous-combustion-of-chicken-manure/

 

[Milf Dots]

not always true
"If there is a discontinued “working” product it’s because there is a newer more effective, less side effects, less drug interaction product available."

the newer product, is just under gov protection. So, they are back again to producing something at a higher margin.
Take Freon R12.. effective as hell. Discontinued because everyone was making it, and Dupont wasn't making a profit anymore.
Dupont, makes R134, pays politicians, to say, R12 is evil and we must use R134a to save the world. Dupont makes $$$. 10 years later, patent wears off.
Enter the world of 1234YF. Ahh, new patent, new protection, pay politicians, make $$.
Don't worry, in another 10 years, another new world saver will be found.

AND R12 utilized lower pressure systems that lasted much longer because they suffered fewer leaks. A good R12 a/c system could go for 20-25 years.

 

[nikonNUT]

And OPEC+ just announced they are extending the cuts (3.66M barrels/day) until the end of 2025 and prolong the 2.2M barrel/day cuts until September.

 

[Hobo Hilton]

And OPEC+ just announced they are extending the cuts (3.66M barrels/day) until the end of 2025 and prolong the 2.2M barrel/day cuts until September.

..... a very pessimistic view on demand...... Even the OPEC members see a worldwide recession on the horizon.

Saudi Arabia’s Abdulaziz bin Salman, who chairs the OPEC+ coalition, said Sunday that there is no “rocket science” to forecasts and acknowledged that, where the OPEC report may be making a “higher assessment” on the call for crude, there are likewise “those who are also taking a very pessimistic view on demand.” He flagged that the OPEC+ group is approaching supply-demand considerations with prudence and precaution, saying of the prospect of impending market tightness, “I will believe it when I see it.”

https://www.cnbc.com/2024/06/02/opec-oil-alliance-sets-crude-production-quotas-for-2025.html

 

[Hobo Hilton]

The prominent OPEC+ oil producers’ alliance is awaiting concrete central bank action on interest rates before factoring in the potential impact on the energy demand landscape, according to Saudi Arabia’s energy minister.

https://www.cnbc.com/2024/06/02/opec-oil-group-awaits-concrete-interest-rate-cuts-before-factoring-impact-on-demand-saudi-energy-minister.html

 

[Hobo Hilton]

Tofu (Japanese: 豆腐, Hepburn: Tōfu, Korean: 두부; RR: dubu, Chinese: 豆腐; pinyin: dòufu) is a food prepared by coagulating soy milk and then pressing the resulting curds into solid white blocks of varying softness: silken, soft, firm, extra (or super) firm. Tofu is also known as bean curd in English. It is a traditional component of East Asian and Southeast Asian cuisines[1] that has also been consumed in China for over 2,000 years.[2][3] In modern Western cooking, it is sometimes used as a meat substitute.[4]

Nutritionally, tofu is low in calories, while containing a relatively large amount of protein. It is high in iron, and can have a high calcium or magnesium content depending on the coagulants (e.g. calcium chloride, calcium sulphate, magnesium sulphate) used in manufacturing.
______________________

US farmers opt for soy to limit losses as all crop prices slump​

CHICAGO, June 4 (Reuters) - Mark Tuttle planted more soy and less corn on his northern Illinois farm this spring as prices for both crops hover near three-year lows and soybeans' lower production costs offered him the best chance of turning a profit in the country's top soy producing state.
He even planted soybeans in one of his fields for a second straight year, breaking the traditional soy-corn-soy rotation for field management. He and many other farmers are hoping to just minimize losses.

Planting more soy at a time of sputtering demand from importers and domestic processors will only serve to drive prices lower, further swell historically large global supplies and erode U.S. farm incomes
, opens new tab already poised for the steepest annual drop ever in dollar terms.
But Midwest farmers' other main options - seeding more corn or leaving fields fallow - could have resulted in even wider losses.
"There's a better chance of making money with soybeans than there is for corn right now," Tuttle said. "But if we have another bigger crop, prices are going to go lower and that's not going to bode well for the farmer."

https://www.reuters.com/markets/commodities/us-farmers-opt-soy-limit-losses-all-crop-prices-slump-2024-06-04/