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The Food & Energy Crisis Has Only Just Begun | Doomberg
Forward Guidance
The Supply Chain Cycle and the Future of Food
I don't believe the US will ever have a food crisis where we see empty grocery store shelves for very long across big swaths of the country. The challenge and we wrote a piece called farmers on a brink that captured this. So, metric as prices and fertilizer prices are already so high that it's going to cause a famine. We will pay any price, we will battle farmers, we will provide stimulus checks to economically challenged. That only exacerbates the exploitation of inflation. And so, you know, we are that buyer and that's why you're seeing soy at $17 a bushel up from $7 a bushel two years ago. Not many people can.
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