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survive in the way you ve known it if donald trump is gep chosen? it can t survive if he s our nominee. no. i think that he can t be the party nominee. i don t think the party would survive that. i believe in the party. and i believe in what the party can be and what the parry can stand for. and i m not ready to give that up. those of us who believe in republican principles and ideals have a responsibility to try to lead the party back to what it can be. powerful words from republican congresswoman liz cheney on the future of the gop. the january 6 hearings may be on hiatus but the committee is still making news. cheney said there is a chance that the committee to make multiple, multiple criminal referrals of donald trump to the justice department. we ve already learned the next hearing set for later this month will focus on the mob at the capitol including who organized it, and who financed it. good morning and welcome to msnbc live coverage on this monday, july 4t ....
Has increased 37% since january. he predicted another double-digit increase before the end of july. for american consumers, they may say this is hurting my wallet. absolutely it is hurting their wallet. and there is even more at stake. remember that spike in wheat prices in 2008. this is the food price crisis. it wasn t just wheat. prices for staple foods across board went up. we re seeing a very similar run-up in price and spike in prices. a study published in the american journal of the agriculture economics analyzed data and found a high correlation between high food prices and social unrest. go back to the arab spring, a lot of those protests were initiated by high food prices. in north africa and the middle east, egypt. the strain even sparking protests in iran back in may. especially in developing countries. there is a real concern about ....
In just a few hours many of you will be lighting up that grill and hot dogs are a staple on july 4th. but this year, some americans might need to eat them without the bun. nbc news correspondent explains. this is the heart of bun season. we re in the busiest season of the year. at least through july 4th. in the united states, when the sun is out, typically buns are out, too. when i spoke to ed cinco of the bakery in ohio. this is not a look i m used to rocking. they just entered the heat of summer bun demand and one ingredient is wracking up costs. how does the price of wheat today compared to what you ve seen. from 2015 to 2019 wheat was between $4 and $6 a bushel and ....
Wheat is over $11 a bushel right now. last time it was this high was in the early 2000s and they use a lot of wheat. this is a flour truck. that holds 50,000 pounds of flour. yeah, we get four trucks aday. and 22 a week. so what is going on. a third of the world s wheat potentially has disappeared from the world market. russia and ukraine are two of the world s major wheat exporters according to the united nations, africa nations import 46% of the wheat from ukraine and russia. if there is a big shock to the world wheat market. there is not enough out of ukraine because of the invasion by russia, the price goes up. even though the u.s. does not import wheat from ukraine, it is still effected. high demand but low supplies are driving prices up. it is grown locally, but you have to think globally. according to ed, the already high price they pay for wheat ....