ARGENTINA SUSPENDS CORN EXPORTS TO ENSURE DOMESTIC FOOD SUPPLIES

Source: https://www.agriculture.com/markets/newswire/update-4-argentina-suspends-corn-exports-to-ensure-domestic-food-supplies
Published: Jan 4, 2021
Author: Chistian Westbrook
Post Date: 2021-01-04 12:57:27 by Horse
Views: 100

BUENOS AIRES, Dec 30 (Reuters) - Argentina will suspend sales of corn for export until Feb. 28, the agriculture ministry said on Wednesday, announcing the surprise move as part of the government's effort to ensure ample domestic food supplies.

The move by the world's No. 3 corn supplier was a sign of tightening global food supplies during the COVID-19 pandemic.

"This decision is based on the need to ensure the supply of grain for the sectors that use it as a raw material for the production of animal protein such as pork, chicken, eggs, milk and cattle, where corn represents a significant component of production costs," the statement said.

Poster Comment:

Argentina, Brazil and Chile have been hard hit with bad weather due to the Grand Solar Minimum.

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#1: Ira Freeman    To: Horse (#0)

Has grand solar minimum hit the US yet?

Ira Freeman posted on 2021-01-04 17:05:37   Reply   Private Reply

#2: Horse    To: Ira Freeman (#1)

GSM hit US in 2020. It means reduced solar magnetism which allows more cosmic rays (nuclear particles from distant stars) into our atmosphere which cause more rain and floods like in China. Increased cosmic rays also energize volcanoes and earthquakes. The reduces magnetism of the earth's poles allows the Jet Stream to wander about causing floods in China and Saudi Arabia and droughts in the US Southwest and in Chile.

A GSM can spike food prices 400 to 600% higher as it did during the Maunder Minimum. It can last up to 40 to 60 years and cool global temperatures. Volcanoes can reduce global temps by ash blocking sunlight.

Horse posted on 2021-01-04 18:34:59   Reply   Private Reply

#3: Ira Freeman    To: Horse (#2)

I’m in the desert Southwest, we certainly have the drought

Ira Freeman posted on 2021-01-04 21:19:52   Reply   Private Reply