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Is A Wheat Crisis Developing In China As Farmers Cut Crops Early?

BY TYLER DURDEN

 

As global food prices remain at record highs and war wages in Europe between two of the world’s largest grain suppliers, troubling videos from China show farmers slashing winter wheat production ahead of harvest times, adding even more uncertainty about food security.

Bloomberg reports China’s agriculture ministry is very concerned about the matter. The ministry is investigating if there’s illegal destruction of wheat crops.

The ministry said this comes three weeks before harvests, adding the crop was subjected to devastating floods late last year. There’s also concern that soggy field conditions in southern China due to abnormal rainfall could affect farmers’ ability to harvest.

 

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