Scary, Indeed
You know those food riots around the planet? They could be coming to a United States near you:
Rye flour stocks have been depleted in the United States, and by June or July there will be no more U.S. rye flour to purchase, said Lee Sanders, senior vice president for government relations and public affairs at the American Bakers Association."Those that are purchasing it now are having to purchase it from Germany and the Netherlands, and that's very concerning," Sanders said.
[...]
For bakers, rye grain is not the only supply stock that is declining. In the past the market has typically had a three-month surplus of wheat stocks to serve as a cushion against supply interruptions, but now the surplus is down to less than 27 days worth of wheat, Sanders said.
[Via Atrios.]
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