Securing key supplies of food like wheat to a world in escalating turmoil and war is a must and will lead to significant stockpiling demandn

It’s gonna get rough for wheat farmers and buyers this year. Suboptimal weather across key growing areas and potential disruptions emanating from the war in the Middle east are to blame.

The weather problem has already begun. A dire combination of dry weather simultaneously occurring in four of the largest markets — Russia, Ukraine, the European Union, and the U.S. — will combine with lower than expected harvests in Argentina and Australia, according to a recent edition of the Hackett Money Flow Commodity Report newsletter.