The milling industry has no internal reserves to absorb the expected rise in food grain prices.

Addressing the climate crisis is not an option for these countries. They are not wealthy and have no residual to the well being for their people. The USA's stagnant interest in the continued climate crisis is a dangerous place for it's allies. Slovakia is a member of the European Union. It is an ally of the USA. After 911, Slovakia opened it's airspace to the USA and also sends assistance to Afghanistan. Why is the United States of America looking the other way in regard to climate when so many allies need it's dedication to their best outcomes?

14 August 2018

Drought and summer heat this year (click here) will not only cause a lower yield for the cereal harvest and the subsequent price rise in the European Union, but will also push up the price of flour. The Slovak Millers Association has already indicated that the price of flour will go up in response to this situation.

“The largest European producers of cereal crops have been warning for several weeks that they will harvest significantly less from their fields and after this year’s harvest, food crop prices will again be influenced by the harvest in the EU, outside the EU, and global reserves,” said Jana Holéciová, spokeswoman for the Slovak Agricultural and Food Chamber (SPPK), as cited in the press release. “The international commodity markets, MATIF in Paris and CBoT in Chicago, have already reacted to the unfavourable farming season in the EU.”...