Page 321 - Corn News Today

We are the party of energy independence, and we found it when we were in charge. but, your point about walking and chewing gum is a good point. let me just say this about ukraine. if you think its bad now for inflation, let putin get away with this. that putin goes in and destroys the ukraine, takes the country over by force of arms, the fourth and fifth largest producer of corn and wheat in the world is ukraine. that falls into his hands. if the ukraine goes because we cant stand up to putin, w...

And it looks like things are going to get worse. you talked about the price of wheat and the price of corn. they are also showing a spike in this report but people are expecting oil prices to keep moving higher and that to undercut the price of food. remember, as far as oil is concerned, were still not even in the peak season. the peak driving season for gasoline is july. and were expecting to see a spike in gasoline already above $5 a gallon. thats expected to go much higher later on in the sum...

Inflation ticker. >> its also rippling through the supply chain, food. wheat prices are up 40% in a week, 14-year high. corn, 21%. driving inflation even higher. not just for cereal, bread, pasta, but beef, pork, chicken, processed foods. these grains, like oil, are global commodities. russia and the ukraine export 30% of the worlds wheat, 80% of sunflower oil, creating shortages worldwide. >> inflation in food is mind boggling. chicken, pork, beef and the very corn you have to feed those animal...

Strategic target and objective for the russians. the port of odesa. it is the gateway to eastern europe for the ukrainians. um, they are trying to take that from them. about 50% of their imports and about 70% of their exports, to include the -- the number five producer of wheat in the world, number four of corn -- they all go through that port. so, the russians want to take that. it is incredibly important strategic objective to them. also, if they were to take it, it would give them another lin...

Through what is happening with regards to that currently. there are so much disruption in ukraine, of course.— ukraine, of course. yeah, so it is mainly _ ukraine, of course. yeah, so it is mainly wheat, _ ukraine, of course. yeah, so it is mainly wheat, like _ ukraine, of course. yeah, so it is mainly wheat, like you - ukraine, of course. yeah, so it is mainly wheat, like you said, i is mainly wheat, like you said, but also corn, and then there is also a large export of sunflower oil, so one ...

Present we have the ability to so within two or three weeks but the key issue will be the advances of the russian army and at present we already have 50% of our land is occupied by the russian army. if this continues, ourability to the russian army. if this continues, our ability to be able to sow rapidly diminishes, particularly if they move into south—western and western ukraine. south-western and western ukraine. �* , ., ukraine. and the implication for that on — ukraine. and the implic...

That theyve been wrong about virtually everything. absolutely wrong. and the sad part for the american people, there is no ceiling on these gas prices. there is no ceiling on inflation, energy and everything right down to the fertilizer that is used to grow our corn. so were going to continue to feel this pain. its going to get really acute and we enter into the general election and im hoping people will remember. all right, lets look ahead a bit. next weeks big story in addition to ukraine is g...

Ukraine. over half its imports and exports come out of here. they produce wheat, grain, corn, and iron ore. if they can control this, they can cut off the livelihood of a lot of ukraine. first they took kherson, that was four weeks ago. now theres resistance and counterattacks in that area. theyre also in mariupol. you have 300,000 people out there being bombed and shelled. theres 50,000 buildings, and theyre starting to conduct urban warfare for the first time in this area. that is going to tak...

Dont stop. and he talked about food. he said, you know, when it comes to wheat and corn, we cant plant when theyre shelling. and the ports are closed. so we dont know about the crops going forward. he said we need your help rebuilding the country. >> ainsley: he talked about the capital city in ukraine kyiv. he said it deserves life and peace. instead we have daily air alerts and he said imagine if this were happening in roadside bombment smart he is talking to the italian parliament. talked abo...

Here and here. special forces and air force jumped into borispol. they were defeated by the ukrainians. that is phenomenal. it shows how they are willing to fight against them. the other thing is the port of odesa. hugely important. because ukraine is the fifth larger exporter of wheat in the world, fourth largest of corn. this is their sustainment. this is how their economy keeps flowing, this port right here. they have to do what they can do to contain that. the russians have kherson. they wan...