World’s Second-Largest Wheat Producer Bans Exports – Prices Expected To Rise

They say that when a system collapses, it happens slowly.

Already this year, we’ve seen:

— Russia stop wheat exports

— Fertilizer prices go up – as much as 80% this year

— Gas prices double

Now this: India — the world’s second largest producer of wheat — is banning wheat exports.

Fox News reported:

“India, the second-largest producer of wheat, has banned exports of the commodity, due to a risk to its food security.

A Friday notice in the government gazette signed by Santosh Kumar Sarangi, the Director General of Foreign Trade, said that a ‘sudden spike’ in the global prices of wheat was putting India, neighboring and other vulnerable countries at risk.”

Are we seeing a slow-moving collapse of the world’s food system?

Reuters filed this report:

Analysts say there’s no way around it: Food prices are going up.

Fortunately, there’s a way to lock in food at today’s prices – plus provide a safety net if things get worse.

And things could get worse. For the first time in a long time, nuclear war is a possibility. Then, there are the everyday things that can disrupt supply chains: Cyberattacks. Power grid failure. Calamitous weather.

It’s time to wonder:

Can we go a week without going to the grocery store?

What if it were a month?

Or 3 months? Or 6 months?

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