by Mac Slavo
SHTF Plan
Even if your grocery store is fully stocked, it’s hard not to notice the price increases. Although we saw this coming a mile away, the prices are only going higher, and the food is only going to get scarcer.
Mere hours after Russia announced a ban on fertilizer exports, the country of Hungary (oh, the irony) dropped a bomb on the world with a decision, which is expected to send already record-high wheat prices even higher. Hungary, one of Europe’s most grain-rich countries, is halting all grain exports effective immediately.
Turkey, Egypt, and Tunisia are almost entirely reliant on Russia and Ukraine for their wheat imports. It turns out that both Russia and Ukraine are also cutting off grain exports of the commodity for the time being.