Goya Foods CEO Warns We’re on the Precipice of a Global Food Crisis
With the highest inflation rates in history according to some measurements, the price of food is going up.
Mix this with increased costs of fertilizer which is coming out of Russia, and a likely food crisis is in the works.
Now Goya Foods CEO Bob Unanue warns of a global food shortage,
“We are on the precipice of a global food crisis. God created humanity. Humanity has created every way to destroy itself — from nuclear to biological to chemical. But now we’ve waged a war — we’ve weaponized food. In the Ukraine — between the Ukraine and Russia — they represent 50% of the world’s production of fertilizer, 30% of wheat, 20% of corn, 2.5 million acres of sunflowers, other food and minerals . . .
“We’re going to have to tighten our belt and consume less. We’ve gone from oil independence to oil dependence. We’ve given up that position — to have our oil at cost . . . When we bring in stuff from — let’s say, Thailand — coconut water. We’re paying 10 times the freight we usually pay…
“The biggest component in food and anything is transportation. The transportation has skyrocketed because we’ve given up our independence. When you have an unbalance in the food production — in 2008, the price of grains tripled. Why? Because we were planting corn for ethanol instead of rice and grains and other things . . . When you have an imbalance in the world production — 50% of fertilizer — the farmers are paying double for fertilizer. They’re planting less. Their yields are gonna be less. Costs are gonna go up . . .
“It’s a very tight balance. And if we interrupt the food production, we will have a food crisis. Prices will go through the roof…”
https://www.thegatewaypundit.com/202...l-food-crisis/
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