Discover and read the best of Twitter Threads about #wheat

Most recents (18)

Thread👉The MSP Fallacy

If an M.P asks a question in Parliament regarding #Farmer Income, it is a cast iron rule that @nstomar(#Agri minister) starts his reply with "Govt announces Minimum Support Prices for 22 mandated crops"; what he doesn't say is that only 6% farmers get MSP
@nstomar @Devinder_Sharma @waglenikhil @MonaAmbegaonkar @jayantrld @_YogendraYadav @GauravPandhi @jyotiyadaav @sakshijoshii @vijaita @svaradarajan Mantri Ji mentions "Union Budget 2018 announced to fix the MSP at 1.5 times of the cost of production". What mantri ji forgets to mention is that MSP is still fixed acc to A2+FL cost(input cost+family labour)rather than C2 costs(which include interest on value of land & machines)
@nstomar @Devinder_Sharma @waglenikhil @MonaAmbegaonkar @jayantrld @_YogendraYadav @GauravPandhi @jyotiyadaav @sakshijoshii @vijaita @svaradarajan @ikaveri @t_d_h_nair @sayantanbera @geetv79 @MnshaP @NPDay @mkvenu1 @kayjay34350 @HasibaAmin @RURALINDIA What mantri ji does not tell the parliament that, on account of Govt's refusal to decide MSP on C2 costs(which include interest on value of land & machines), Farmers lose
Rs 613.50/quintal #paddy
Rs 212.50/quintal loss #wheat
Rs 2325/Qt #arhar
Rs 2488/Qt #moong
Rs 1762/Qt #cotton
Read 5 tweets
🇺🇸 🇨🇳 Phase One #Trade Deal: Chinese Commitments

1/ To purchase at least an additional $200 billion in U.S. exports over the next 2 years (base: 2017).

2/ To do more to crack down on the theft of American technology and corporate secrets by its companies and state entities.
3/ To avoid currency manipulation.

4/ To bring forward the planned opening of its capital market.

5/ To set up a system to resolve conflicts over drug patents.

6/ To endorse an enforcement system.
🇺🇸 🇨🇳 Phase One #Trade Deal: Full Texts En/Cn

#China’s Ministry of Finance published both English and Chinese versions of the text - Statement
*Link (Chinese): bit.ly/3aivKcX
Read 28 tweets
This again.

#China agreeing to make $50 billion in U.S. agricultural purchases in 2020.

The RECORD value for annual U.S. ag product exports to China was in 2012 at just under $26 billion. Compare commodity prices then and now. For reference, 2017 was $19.5 billion.
And if you consider Ag & Related Products (includes fish & forestry products) - max was $29 billion in 2013. So this is the absolute max previous ceiling considering all exports that could be considered ag.

I'm not seeing how $50B is possible in 2020.
I posted this as a reply below, but worth repeating:

The max annual combined export value of U.S. #pork and #soybeans to ALL destinations: $31 billion in 2012.

Add in #corn (TOTAL, to ALL buyers): $41 billion in 2014.
Read 7 tweets
Good morning! #Equities continue to defy gravity. This has more to do with the insane monetary environment CBs have created. Macro economic reality says something completely different. The division (=the bubble) will come to haunt us all. Please stay tuned for #HZupdates
Why is it, that some analysts try to explain away the obvious? We have a major bubble in ...well almost all assets. #Schiller PE for #SP500 tells us, that the bubble is at 1929-level. Could it grow bigger? Sure!! But that does not make it a non-bubble #HZupdates
Amount of neg. yielding debt has skyrocketed. Remember, this is discount factor. If discount factor is closing in on 0 (or goes neg.) then value of any asset is going to infinity. But that has NOTHING to do with true value of any asset. This is "Bubble food"! #HZupdates
Read 23 tweets
5 part thread

Despite #ASF #China is still grain deficient and will need to rely on more and more imports to feed their people.

HIGHLY #RECCOREAD >>Propelled by U.S. Trade Talks, China Charts a Course to #Soybean Security
worldview.stratfor.com/article/propel… 1/5
In fact they have made recent deals with #Russia >>
China approves #wheat, #soy imports from Russia
reuters.com/article/us-usa… 2/5
And Brazil >>
#China Ramps Up #Brazil #Soybean Imports, Rebuffing U.S. Crops
bloomberg.com/news/articles/… 3/5
Read 5 tweets
#SIRIUS the RED giant star #Betelgeuse. Matthew 24 says the Sign of the Son of man will appear in the skies to warn people to be ready for #Rapture & #SecondComing of Jesus. Jesus stood among 7 stars in Revelations to warn the 7 churches and mankind
#TheSecondComing
.@POTUS
Betelgeuse is a MASSIVE star that is RED color because it is nearing the end of its life span. The bright red color symbolizes a blood sacrifice of Yeshua for us! The right shoulder signifies strength or triumph. In Orion, the right shoulder and hand signify “The Coming Branch.”
Jesus in last days as #ORION CONSTELLATION star Betelgeuse is the Brightest Star in constellation Orion called Alpha Orionis. God the Alpha and Omega uses symbols, signs and wonders seen in Jesus Christ.
#SuperNova
#TheSecondComing
.@POTUS
Read 10 tweets
Vacation time 🙂I'm currently in beautiful Oregon, US. Been flying, rafting, hiking, eating and playing with the kids - great time! Now - small break to update myself on the markets. Stay tuned for some #HZupdates
Where the #USD goes, rest of the market follows! Getting the direction of USD right is key. This is how I see #DXY short term. Further downside to develop - with target ~95.0. This is likely a major bottom - before DXY explodes higher #HZupdates
Following the ST weakness in #DXY, I think we will see much higher levels coming , as the shortage of USDs in the financial system becomes very clear. The target remains 107-109 - pot. higher to be reached some time around Mid-2020 #HZupdates
Read 19 tweets
#Wheat #Gluten #Sugar #Ayurveda #Diet
What is the the IDEAL DIET?

I've spent the last few years experimenting and reading about a bunch of diets and I feel pretty certain about some Ayurvedic principles that work to improve the health of EVERYONE.

Sharing insights 👇👇👇
According to Ayurveda there's no such thing as an IDEAL DIET for EVERYONE, because Ayurveda believea bio-individuality.

Thus one man's poison is another man's nectar, HOWEVER there are certain health principles which are universal. Discussing that below. Simple stuff for all.
1) Sugar is pure poison - No exaggeration at all. Sugar has addictive properties that work very similar to the way cocaine works on our brain. Just google "sugar cocaine addiction". In rats sugar is 8 TIMES MORE ADDICTIVE THAN COCAINE. Use jaggery (brown, unprocessed) not the
Read 21 tweets
Bad weather in the United States and disease in China are threatening food shortages globally and massive inflation. Our national security and stability is at stake over the next few years.
One of the biggest reasons inflation has remained so low over the past half decade is record growing seasons in the United States and Russia for #corn #wheat and #soybeans However this year is the worst season on record as cold, rainy weather delayed #plant19 by several weeks.
Planting progress for all three crops was beyond dismal this year. In fact, it was the slowest planting progress ever on record and many farmers simply chose to skip this year.
Read 21 tweets
Good morning all! 🙂 Morning in Copenhagen - listening to Ludovico while I'm updating analyses and family sleeps. Fantastic piece of music: #AllisGood
Time for some #HZupdates. Let's take a look at the market from the way I see it. Where is that deflation, I have been forecasting? Did CBs succeed to do their magic and eliminate that threat? What about the Kondratiev's winter - over/done? Stay tuned! 🙂
AUDUSD is inflation gauge. Rally=inflation up; Decline=inflation down. LT perspective looks like this. Decline in 2008 = wave A. Rally up to 2011 = wave B. We have since been in wave C. Wave 5 will take us to ~0.5. Note the horizontal line. When this goes -->free fall #HZupdates
Read 28 tweets
Only 58% of U.S. #corn was planted as of May 26, the slowest pace on record. That is only +9 points on the week and drastically lower than the average of 90%. The trade was expecting 63%. #plant19
U.S. #soybeans were 29% planted as of May 26 versus 19% in the previous week and an average of 66%. Trade expected 31%. Spring #wheat was 84% planted versus 70% in the previous week and an average of 91%. Trade expected 83% on spring wheat. #plant19
#Corn planting progress, May 26:
Illinois 35% (5yr avg 95%)
Indiana 22% (avg 85%)
Iowa 76% (96%)
Minnesota 66% (93%)
Nebraska 81% (94%)
Ohio 22% (78%)
N Dakota 63% (85%)
S Dakota 25% (90%)
Wisconsin 46% (82%)
Missouri 65% (95%)
Kansas 70% (88%)
Michigan 33% (73%)
#plant19
Read 7 tweets
After multiple years of relatively problem-free global crop production on a large scale there are 3 big stories developing simultaneously:

1. #noplant19 in the entire #Corn Belt of US.

2. Developing drought in Canada. #wheat

3. Hot and dry conditions developing in China.
Yet a couple more to add:

5. Hot and Dry in southeast US already doing significant crop damage. #drought19 (see below)

6. Continued long-duration drought in parts of Australia.
Read 5 tweets
U.S. planting progress, May 12:
#Corn 30% (23% last week, 66% average, trade guess 35%)
#Soybeans 9% (6% last week, 29% avg, trade guess 15%)
Spring #wheat 45% (22% last week, 67% avg, trade guess 35%)
#plant19
Notable delays, #corn:
Illinois 11% (5y avg 82%)
Indiana 6% (avg 57%)
Iowa 48% (76%)
Minn 21% (65%)
Ohio 4% (47%)
Nebraska 46% (72%)
N Dak 11% (43%)
S Dak 4% (54%)
Michigan 5% (34%)
Wisconsin 14% (46%)
Missouri 52% (87%)
#plant19
Notable delays, #soybeans:
Illinois 3% (5yr avg 34%)
Indiana 2% (26%)
Iowa 13% (31%)
Arkansas 21% (53%)
Mississippi 33% (69%)
Louisiana 53% (75%)
Minnesota 3% (36%)
N Dak 5% (20%)
S Dak 0% (19%)
Wisconsin 4% (17%)
Michigan 3% (17%)
Ohio 2% (20%)
Nebraska 20% (32%)
Read 3 tweets
#Punjab: Essence of #productivity | Punjab has been the #breadbasket for the country by providing with a constant supply of #wheat , #vegetables and #fruits . #GranaryofIndia
However, the state has been plagued with issues regarding #drugabuse, high #fertilizer use and the lack of diversification in the #economy.
Punjab needs to reform, learn more by reading below. Read more on how Punjab will play a key role in the 2019 Indin elections. #IndianElections2019 #IndiaElections2019 #GeneralElections2019
bit.ly/2DWIjwd
Read 3 tweets
I think we can all agree that food is pretty important for survival.

Climate Change is already impacting food security- it is not a distant, ambiguous concern: 

More than 1 million acres of US cropland ravaged by floods

reut.rs/2Uly0eC

#ClimateActionNow #foodsecurity
Cascading impacts of deadly flooding around the world includes "food supply shocks"
bit.ly/2OVoGZN

"A “whiplash” between very dry periods, followed by very wet periods, is exactly what we can expect from climate change"

#foodsecurity #ClimateChange #agriculture
...North America is not immune - bit.ly/2OVphL1

Already ‘There’s bleeding going on’ in U.S. farm economy, ag lender says, due in part to extreme weather

A prolonged downturn “has impacted farmers of all ages, experience levels and sizes”

#extremeweather #farming #farm
Read 16 tweets
🇺🇸 🇨🇳 *U.S. WAITING TO HEAR FROM #CHINA ON TRADE DEAL, KUDLOW SAYS - BBG
*KUDLOW EXPECTS U.S.-CHINA MEETING IN MARCH IN MAR-A-LAGO
*TRUMP, LIGHTHIZER ARE VERY CLOSE, KUDLOW TELLS CNBC
🇺🇸 🇨🇳 #CHINA WOULD HAVE TO NOTE ANY FX INTERVENTION UNDER DEAL: KUDLOW - BBG
🇺🇸 🇨🇳 *MNUCHIN SAYS #CHINA #TRADE TALKS INCLUDE 150-PAGE DOCUMENT - BBG
Read 819 tweets
#BREAKING : Saudi Arabian Airlines is now suspending all flights to and from #Toronto effective next Monday 13th August 2018 #Canada #KSA
Flights are getting suspended #RIYADH to / from #TORONTO
reut.rs/2ALy7av
AND NOW: #Saudi Arabian agency stops buying Canadian #wheat, barley
#Canada #KSA
reut.rs/2M7CZva
Read 5 tweets

Related hashtags

Did Thread Reader help you today?

Support us! We are indie developers!


This site is made by just three indie developers on a laptop doing marketing, support and development! Read more about the story.

Become a Premium Member ($3.00/month or $30.00/year) and get exclusive features!

Become Premium

Too expensive? Make a small donation by buying us coffee ($5) or help with server cost ($10)

Donate via Paypal Become our Patreon

Thank you for your support!