Wheat Supplies May Retract 10 50 Hinting At An Upcoming Global Food Shortage
March temperatures in India have reached levels never before seen in India according to records tracking temperatures since 1901, destroying the crop. Estimates range between 10% and 50% yield decrease for the season by local farmers. Expectations of wheat exports from India were high, with 11-12 million metric tonnes expected to be delivered throughout 2022 and 2023. With such high expectations and unexpected disruption, a global food shortage seems to be coming....