Monday, February 08, 2016
Thanks, Ralph 24
The Masters of Counterfeiting don't always get what they want. US and Saudi have been fucking around with oil prices and currency values, trying to ruin Russia. Here's what happens, as seen from Australia:
The transformation comes as record harvests, the strong dollar and cheap oil are combining to shake up the multi-billion-dollar global wheat market. Bulging silos are pushing producers to seek new markets, and cheap oil is bringing down transportation costs. The surging greenback is undermining farmers in the US, the world’s second-largest exporter of the dollar-denominated commodity behind Canada, making grain from Russia to Argentina more competitive. This crop year, Russia is poised to become the world’s largest exporter. US wheat exports are forecast to slump to a 44-year low, to 21.8 million tonnes, according to the USDA, while Canada is projected to export 20.5 million tonnes, from 24.1 million the year before.Ha ha ha ha ha ha ha. Eat it, Masters.
Labels: Emersonian justice
¶ 10:52 AM
