Who fills the food gap?
The world is about to enter into a food supply crisis. Russia and Ukraine make 30% of the world’s wheat, as this chart shows. Wheat accounts for about 20% of the world’s calories. How do we compensate for the lost supply?
Wheat is a winter crop. Australia’s wheat planting season is about to begin. Could we plant more? Our exports are the pink section in the right of the above graph, representing about 80% of the wheat Australia grows. Can we expand our exports? Can it be Australia that feeds the world?
Lines for bread
The price of wheat has soared, and it is important to remember what this means.
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