{"id":7808,"date":"2022-07-22T12:07:20","date_gmt":"2022-07-22T12:07:20","guid":{"rendered":"http:\/\/commodityconversations.com\/wordpress2\/?p=7808"},"modified":"2022-07-22T12:07:20","modified_gmt":"2022-07-22T12:07:20","slug":"media-monitor-2","status":"publish","type":"post","link":"https:\/\/commodityconversations.com\/wordpress2\/2022\/07\/22\/media-monitor-2\/","title":{"rendered":"Media Monitor"},"content":{"rendered":"<p><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" data-attachment-id=\"7810\" data-permalink=\"https:\/\/commodityconversations.com\/wordpress2\/2022\/07\/22\/media-monitor-2\/img_1392-1\/\" data-orig-file=\"https:\/\/i0.wp.com\/commodityconversations.com\/wordpress2\/wp-content\/uploads\/2022\/07\/IMG_1392-1-scaled.jpeg?fit=2560%2C1440&amp;ssl=1\" data-orig-size=\"2560,1440\" data-comments-opened=\"1\" data-image-meta=\"{&quot;aperture&quot;:&quot;1.6&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;iPhone 12 mini&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;1658486349&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;4.2&quot;,&quot;iso&quot;:&quot;32&quot;,&quot;shutter_speed&quot;:&quot;0.00028498147620405&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;1&quot;}\" data-image-title=\"IMG_1392 (1)\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/commodityconversations.com\/wordpress2\/wp-content\/uploads\/2022\/07\/IMG_1392-1-scaled.jpeg?fit=300%2C169&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/commodityconversations.com\/wordpress2\/wp-content\/uploads\/2022\/07\/IMG_1392-1-scaled.jpeg?fit=525%2C295&amp;ssl=1\" class=\"alignnone wp-image-7810 size-large\" src=\"https:\/\/i0.wp.com\/commodityconversations.com\/wordpress2\/wp-content\/uploads\/2022\/07\/IMG_1392-1.jpeg?resize=525%2C295&#038;ssl=1\" alt=\"\" width=\"525\" height=\"295\" srcset=\"https:\/\/i0.wp.com\/commodityconversations.com\/wordpress2\/wp-content\/uploads\/2022\/07\/IMG_1392-1-scaled.jpeg?resize=1024%2C576&amp;ssl=1 1024w, https:\/\/i0.wp.com\/commodityconversations.com\/wordpress2\/wp-content\/uploads\/2022\/07\/IMG_1392-1-scaled.jpeg?resize=300%2C169&amp;ssl=1 300w, https:\/\/i0.wp.com\/commodityconversations.com\/wordpress2\/wp-content\/uploads\/2022\/07\/IMG_1392-1-scaled.jpeg?resize=768%2C432&amp;ssl=1 768w, https:\/\/i0.wp.com\/commodityconversations.com\/wordpress2\/wp-content\/uploads\/2022\/07\/IMG_1392-1-scaled.jpeg?resize=1536%2C864&amp;ssl=1 1536w, https:\/\/i0.wp.com\/commodityconversations.com\/wordpress2\/wp-content\/uploads\/2022\/07\/IMG_1392-1-scaled.jpeg?resize=2048%2C1152&amp;ssl=1 2048w\" sizes=\"auto, (max-width: 525px) 100vw, 525px\" \/><\/p>\n<p>Ag traders are waiting eagerly for the outcome of talks between Turkey, Ukraine, Russia, and the UN that may allow Ukraine to restart exporting grain from its Black Sea ports. Turkey is <a href=\"https:\/\/www.bbc.com\/news\/world-europe-62254597\">confident<\/a> they can reach a deal, but Ukrainian officials remain cautious. They are not <a href=\"https:\/\/www.ft.com\/content\/3dc86119-e22e-4254-b8ef-44f33d5e71cf\">convinced<\/a> by the offer of safe passage and are also demanding a commitment that Russia will not attack its ports.<\/p>\n<p>Turkey\u2019s President says he wants the deal in <a href=\"https:\/\/www.reuters.com\/world\/europe\/erdogan-wants-ukraine-grain-sea-exports-deal-writing-this-week-2022-07-20\/\">writing<\/a> (although the expression \u2018not worth the paper it is written on\u2019 comes to mind.)<\/p>\n<p>Ukraine has been <a href=\"https:\/\/www.bbc.com\/news\/world-europe-62211433\">struggling<\/a> to export its grain, although shipborne exports via Rumania <a href=\"https:\/\/news.yahoo.com\/ukraine-increases-grain-exports-regaining-130800239.html\">increased<\/a> after the country retook Snake Island. Germany\u2019s State-owned rail company Deutsche Bahn is planning to transport grain by <a href=\"https:\/\/www.reuters.com\/world\/europe\/germanys-railway-operator-plans-ukraine-grain-bridge-2022-07-20\/\">freight train<\/a> from Ukraine to Germany\u2019s ports.<\/p>\n<p>In the meantime, Ukraine\u2019s farmers try to <a href=\"https:\/\/www.reuters.com\/markets\/commodities\/ukraine-grain-storage-crisis-hits-home-farmers-harvest-new-crops-2022-07-19\/\">find<\/a> storage for the new harvest. Not being able to sell or ship their grain has created a severe <a href=\"https:\/\/www.ft.com\/content\/670263c3-674a-4418-af6f-a541866f44e2\">cash flow<\/a> problem for farmers; they are running out of money to harvest and will have difficulty financing new crop plantings.<\/p>\n<p>Unsurprisingly, food security and rising food prices <a href=\"https:\/\/www.cnbc.com\/2022\/07\/17\/g20-no-full-consensus-food-security-inflation-ukraine-war-top-agenda.html\">dominated<\/a> discussions at the G-20 meeting last week, although there was no clear consensus as to what, if anything, could be done. Delegates heard that food shortages and high prices could <a href=\"https:\/\/www.cnbc.com\/2022\/07\/19\/food-security-crisis-could-kill-more-people-than-covid-amadou-hott.html\">kill<\/a> more people than the estimated 15 million <a href=\"https:\/\/www.nature.com\/articles\/d41586-022-01245-6\">killed<\/a> by the Covid pandemic. *<\/p>\n<p>Indonesia has <a href=\"https:\/\/www.reuters.com\/world\/asia-pacific\/indonesia-removes-palm-oil-export-levy-until-aug-31-2022-07-16\/\">removed<\/a> its levy on palm oil exports until end-August. High stocks have forced mills to limit purchases of palm fruits, and farmers complain their unsold fruits are rotting. Palm oil prices have fallen by about 50 per cent since late April to their lowest in over a year.<\/p>\n<p>The CEO of Norway\u2019s Yara, one of the world\u2019s biggest fertiliser producers, <a href=\"https:\/\/www.reuters.com\/markets\/europe\/fertiliser-maker-yara-warns-shortages-q2-beats-forecasts-2022-07-19\/\">warns<\/a> of continuing shortages of nitrogen-based fertilisers due to high gas prices. Better news comes from the miner BHP, <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2022-07-19\/top-miner-bhp-aims-to-accelerate-5-7-billion-fertilizer-project?sref=DGDhw0Nx\">accelerating<\/a> its move into fertiliser production with the start of a $5.7 billion potash project in Canada.<\/p>\n<p>Vox has a <a href=\"https:\/\/www.vox.com\/future-perfect\/2022\/7\/15\/23218969\/sri-lanka-organic-fertilizer-pesticide-agriculture-farming\">well-balanced long-read<\/a> on Sri Lanka\u2019s move to organic farming and its role in the country\u2019s financial and political crisis. The agrochemical import ban led to a 20 per cent drop in rice production in its first six months, while tea production fell by 18 per cent. (Most Sri Lankan farmers <a href=\"https:\/\/www.veriteresearch.org\/wp-content\/uploads\/2022\/03\/VR_EN_Insights_Sep2021_Organic-Fertiliser-Transition-in-Sri-Lanka.pdf\">supported<\/a> the ban but wanted more than one year to make the transition.)<\/p>\n<p>And if you still have time to spare, the Guardian has a long read on <a href=\"https:\/\/www.theguardian.com\/world\/2022\/jul\/14\/replacing-container-ships-with-sailing-boats-cargo-shipping-wind-power\">wind-powered<\/a> cargo ships. They describe them as \u201ca little bit of utopia\u201d.<\/p>\n<p>The Guardian writes that smallholder farmers and charcoal producers are <a href=\"https:\/\/www.theguardian.com\/global-development\/2022\/jul\/20\/in-10-years-we-might-not-have-forests-drc-struggles-to-halt-charcoal-trade-a-photo-essay\">deforesting<\/a> Congo\u2019s rainforest. Deforestation is also a problem in <a href=\"https:\/\/www.reuters.com\/business\/environment\/deforestation-colombia-edges-up-moving-further-govt-target-2022-07-15\/\">Colombia<\/a>, while a new <a href=\"https:\/\/igarape.org.br\/wp-content\/uploads\/2022\/07\/2022-07-AE-territories-and-trajectories-of-environmental-crime-brazilian-amazon.pdf\">report<\/a> argues that Brazilian authorities <a href=\"https:\/\/www.aljazeera.com\/news\/2022\/7\/20\/brazil-authorities-doing-little-to-prevent-deforestation-report\">do little<\/a> to prevent illegal logging.<\/p>\n<p>Finally, if you find the news is getting you down, try eating Marmite. Scientists have <a href=\"https:\/\/www.sciencefocus.com\/news\/eating-marmite-could-help-to-ease-anxiety-and-depression\/\">found<\/a> that Vitamin B6 \u2013 a yeast extract nutrient\u2013may help reduce feelings of anxiety and depression.<\/p>\n<p>Click <a href=\"https:\/\/www.bloomberg.com\/news\/newsletters\/2022-07-22\/supply-chain-latest-bread-inflation-in-us-and-heat-waves-across-europe\">here<\/a> for Bloomberg\u2019s weekly round-up of their top food stories, including why this might (finally) be the year of the <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2022-07-20\/mushroom-farms-are-booming-in-us-with-fresh-fantastic-fungi-to-cook-year-round\">mushroom<\/a>.<\/p>\n<p>* Others believe the situation is even worse. In his book, <a href=\"https:\/\/www.amazon.com\/End-World-Just-Beginning-Globalization\/dp\/006323047X\">The End of the World is Just Beginning<\/a>, Peter Zeihan predicts that two billion people will starve to death over the next 20 years due to climate change and a breakdown in global supply chains \u2013 reduced to one billion if everyone stops eating meat. (The book is a New York Times bestseller, but I don\u2019t recommend it.)<\/p>\n<p>\u00a9 Commodity Conversations \u00ae 2022<\/p>\n<p>Many of the above links require subscriptions. Please support quality journalism.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Ag traders are waiting eagerly for the outcome of talks between Turkey, Ukraine, Russia, and the UN that may allow Ukraine to restart exporting grain from its Black Sea ports. Turkey is confident they can reach a deal, but Ukrainian officials remain cautious. They are not convinced by the offer of safe passage and are &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/commodityconversations.com\/wordpress2\/2022\/07\/22\/media-monitor-2\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Media Monitor&#8221;<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"advanced_seo_description":"","jetpack_seo_html_title":"","jetpack_seo_noindex":false,"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[9],"tags":[],"class_list":["post-7808","post","type-post","status-publish","format-standard","hentry","category-agricensus"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p9fIT3-21W","jetpack_likes_enabled":true,"jetpack-related-posts":[],"_links":{"self":[{"href":"https:\/\/commodityconversations.com\/wordpress2\/wp-json\/wp\/v2\/posts\/7808","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/commodityconversations.com\/wordpress2\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/commodityconversations.com\/wordpress2\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/commodityconversations.com\/wordpress2\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/commodityconversations.com\/wordpress2\/wp-json\/wp\/v2\/comments?post=7808"}],"version-history":[{"count":3,"href":"https:\/\/commodityconversations.com\/wordpress2\/wp-json\/wp\/v2\/posts\/7808\/revisions"}],"predecessor-version":[{"id":7812,"href":"https:\/\/commodityconversations.com\/wordpress2\/wp-json\/wp\/v2\/posts\/7808\/revisions\/7812"}],"wp:attachment":[{"href":"https:\/\/commodityconversations.com\/wordpress2\/wp-json\/wp\/v2\/media?parent=7808"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/commodityconversations.com\/wordpress2\/wp-json\/wp\/v2\/categories?post=7808"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/commodityconversations.com\/wordpress2\/wp-json\/wp\/v2\/tags?post=7808"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}