Beat the rush.
Russia and China not exporting food. Leads to shortages and it remains to be seen how much food is bought by the world . Time will tell but don’t bet on a large supply falling out of the sky.
As you can see, China used to export millions of tons of corn every year. No longer. That’s a potential big catalyst for corn producers. Also, the chart to the right of that shows you China’s climbing imports of soybeans. This, too, is a commodity that China used to export. Needless to say, China is a big market with a lot of mouths to feed. So if China is now regularly coming to, say, the corn market as a buyer, where it once was a seller, that’s a tectonic shift.
“Another chart was about India, another big market. It shows you how prices for food have risen sharply and how Indian crop yields — in this case for rice — trail those of the rest of the world.