India has banned wheat exports to protect domestic prices.

Here's why this is a really big deal as we enter full on #FoodWars. Top wheat producers are being hit across the board:

#1 China. (also #1 consumer!)
#2 India. (and now exports are banned.)
#3 Russia (#1 exporter — but Black Sea shipping is affected, and sanctions stop some buyers)
#4 USA (terrible season, drought)
#5 France (drought has severely impacted yields)
#6 Canada (spotty harvest so far)
#7 Germany (drought has severely impacted yields - some est. 50%)
#10 Ukraine

It is these nations that the rest of the world upon for their bread. And bear in mind some major wheat exporters like Kazakhstan have banned wheat/flour exports. Supplies are getting tight and countries are acting defensively. No relief in sight as harvests are looking bad across Northern hemisphere and things are off to poor start in S. America.

Stock up and keep growing food!

#wheat #FoodPrices