morning all
Global Food Prices at Six-Year High Are Set to Keep On Climbing
Global food prices reached a six-year high in December and are likely to keep rising into 2021, adding to pressure on household budgets while hunger surges around the world.
A United Nations gauge of food prices has jumped 18% since May, as adverse weather, government measures to safeguard supplies and robust demand helped fuel rallies across agricultural commodities from grains to palm oil. Prices will likely climb further, the UN’s Food & Agriculture Organization said.
The spike threatens to push up broader inflation, making it harder for central banks to provide more stimulus to shore up economies, while stirring memories of food-price crises a decade ago. It’s bad news for consumers whose incomes have been hurt by the Covid-19 crisis, and adds to concerns about global food security that’s being affected by conflicts and weather shocks.
That’s especially true for the poorest countries having to contend with limited social safety nets and purchasing power, according to the FAO. Corn and soy futures rallied to six-year highs as drought threatens crops in South America at a time of surging Chinese demand, while palm oil used in about half of all supermarket goods is near a 10-year high. Protectionist measures are also propping up markets, with Argentinian farmers planning a protest strike after the government suspended corn-export licenses, while wheat giant Russia will curb grain exports from mid-February to tame food inflation.
Commodities priced in dollars often seen as a hedge against inflation should remain supported as the greenback falls further this year, Abbassian said. Plus, an economic recovery in some parts of the world will probably fuel consumer spending and food demand, with weather risks and export restrictions from some grain suppliers aiding prices in the short term, he said. Weather concerns, government intervention and strong exports to China could push agricultural markets higher this year, according to Rabobank International. Soy prices have become expensive enough that the world will need to ration demand, Joe Stone, head of crop merchant Cargill Inc.’s agriculture supply chain and corporate trading, said this week.
The FAO’s food price index has risen for the past seven months, with annual prices capping the highest average in three years. Still, costs remain well below peaks in 2008 and 2011, when soaring prices caused political and economic instability around the world and grain-export bans tightened supply.
https://www.bnnbloomberg.ca/global-food-prices-at-six-year-high-are-set-to-keep-on-climbing-1.1545020
That tail number #75-0125 is the AC used for the Sec. of Defense too and was at Abilene for an overnight (from Offutt) and departed on 0105.
Hooked up with a tanker-cap#2 then headed to Seymour Johnson AFB in NC where it left from yesterday to DC as DEEM63 and had some company over NC before arrival at JBA
02-4452 USAFSOC C-32B departed Majors Airport after an extensive stay (at least visible data) that began on 1123. This is probably a test flight and should return to Majors.
Majors Airport (field) is home of L3 Technologies Mission Integration Division
99-6143 USAFSOC C-32B departed Eglin AFB ne
KOMODO4 and PEACH91 USAF E-8C Joint Star(s) out of Robins AFB, GA
PEACH91 trackin' just north of Knoxville, KY and KOMODO4 same over NC
The E-8C Joint Surveillance Target Attack Radar System, or Joint STARS, is an airborne battle management, command and control, intelligence, surveillance and reconnaissance platform. Its primary mission is to provide theater ground and air commanders with ground surveillance to support attack operations and targeting that contributes to the delay, disruption and destruction of enemy forces.
https://www.af.mil/About-Us/Fact-Sheets/Display/Article/104507/e-8c-joint-stars/
99-6143 USAFSOC C-32B continues ne from Eglin and most likely heading to McGuire AFB but could make a ground stoop at JBA prior
RSAF HZ136 Cessna C55B on descent for Riyadh-King Khaled AB
SAM326 USAF G5 departed Dubai after an overnight
This AC went to Kabul, Afghaniland or Lahore, Pakiland yesterday prior to arrival at Dubai
BLKWF12 USAF E-11A BACN GLEX out of Al Dhafra AB
Facebook bans POTUS indefinitely.
Facebook will block President Trump on its platforms, including Instagram, at least until the end of his term, chief executive Mark Zuckerberg said in a post on Thursday.
“The shocking events of the last 24 hours clearly demonstrate that President Donald Trump intends to use his remaining time in office to undermine the peaceful and lawful transition of power to his elected successor, Joe Biden,” Mr. Zuckerberg wrote.
“We believe the risks of allowing the president to continue to use our service during this period are simply too great. Therefore, we are extending the block we have placed on his Facebook and Instagram accounts indefinitely and for at least the next two weeks until the peaceful transition of power is complete.”
https://www.nytimes.com/2021/01/07/business/facebook-trump-ban.html
R01052 PAT104 US Army C-560's departed Huntsville, AL-Madison Cty Exec. Airport ne to JBA
SAM494 USAF C-32A began descent for JBA from Miami depart
Elon Musk becomes world's richest person as wealth tops $185bn
Elon Musk has become the world's richest person, as his net worth crossed $185bn (£136bn).
The Tesla and SpaceX entrepreneur was pushed into the top slot after Tesla's share price increased on Thursday. He takes the top spot from Amazon founder Jeff Bezos, who had held it since 2017. Mr Musk's electric car company Tesla has surged in value this year, and hit a market value of $700bn (£516bn) for the first time on Wednesday.
That makes the car company worth more than Toyota, Volkswagen, Hyundai, GM and Ford combined.
madness
Mr Musk reacted to the news in signature style, replying to a Twitter user sharing the news with the remark "how strange". An older tweet pinned to the top of his feed offered further insight into his thoughts on personal wealth.
"About half my money is intended to help problems on Earth, and half to help establish a self-sustaining city on Mars to ensure continuation of life (of all species) in case Earth gets hit by a meteor like the dinosaurs or WW3 happens and we destroy ourselves," it reads.
The tycoon's fortunes have been buoyed by politics in the US, where the Democrats will have control of the US Senate in the forthcoming session. Expected electric vehicle tax credits would benefit Tesla, "which continues to have an iron grip on the market today", he added.
Mr Bezos has also seen his fortunes rise over the past year. The coronavirus pandemic has meant Amazon benefited from stronger demand for both its online store and cloud computing services. However, he gave a 4% stake in the business to his ex-wife MacKenzie Scott after they split, which helped Mr Musk overtake him.
In addition, the threat of regulation has meant Amazon's stock has not risen as high as it might otherwise have done.
https://www.bbc.com/news/technology-55578403
It does that often.
Moar so since sat.
Best thing to do is to use the "I" button on the left to isolate the AC's you want to track.
GTMO845 US Navy Beech Huron heading to NAS Jax
They have those here and people eat it.
I can't imagine why with the plethorra of Taco shops available
N'bor went the other day and had taco bell bag
I cringed
Long ago I visited Redstone and they took the Ca boy out for lunch to Mex food….went to Taco Bell…
FAIL!
#172
>>37437 d'oh
Notabruhs, not endorsements
>>37600 Questions About The Chaos At The Capitol That Desperately Need To Be Answered-TheMostImportantNews.com via ZH
>>37583 Elon Musk becomes world's richest person as wealth tops $185bn-bbc
>>37564 ONLY SEVEN: Here Are the Seven GOP Senators Who Stood With President and Against Arizona Election Results-gatewaypundit
>>37563 Code Monkey twat "Trump still has about two weeks…"
>>37561 President Trump is heading to Camp David this weekend-disclosetv
>>37557, >>37558 Gen Flynn w/CAP: “We must stand up for truth and call for a full investigation”. Another piece of the foreign interference puzzle…
>>37555, >>37559,>>37562 BREAKING: Zuckerberg says Facebook and Instagram are blocking President Trump from using their services indefinitely.
>>37548 US Navy w/CAP: All systems go!
>>37545, >>37546 'Viking Dude' was featured on Simpson years ago?
>>37528 intheMatrixxx w/CAP: These are the instructions VPs have given out at the start in each of the last 5. Note the difference?
>>37525, >>37533, >>37539 Elon Musk w/CAP: Use Signal. Ties to Q Drop #4672
>>37521 Scott MacFarlane w/CAP: ZERO: Press releases from US Capitol Police. Arrest lists from US Capitol Police. Explanations or statements from US Capitol Police…
>>37512 macroeconfag reporting: Global Food Prices at Six-Year High Are Set to Keep On Climbing
>>37509 New Rudy w/CAP: Our cause is to obtain an honest vote and to end voter fraud before it becomes a permanent tactic… Violence is rejected, condemned and counter productive…
>>37507 Remember when the occupation of this government building was touted as an act of bravery?
>>37506, >>37508, >>37517, >>37531, >>37535 , >>37541, >>37542, >>37553, >>37575, >>37577, >>37580, >>37599 planefag reporting. confirmation that doomsday (E4B) is still on the ground at Dyess
>>37503 John Solomon: How the GOP lost control of Washington, and what comes next. Democrats owned the narrative and rules of the 2020 election…
>>37501 LIVE: How was a violent mob able to storm Capitol Hill? Was antifa involved?…
>>37498 New Gen Flynn w/CAP: Despite the crisis, a sense of unity & patriotism afford #America a common mission & increased opportunities.
>>37468 Summary: Last nights happenings.
>>37460, >>37470 BREAKING: Traitor Mike Pence Certifies Biden’s Election ‘Victory’. Watch video closely. It speaks volumes
>>37457 Senate Rejects Objection to Arizona Electoral Votes 6-93
>>37455 Senate Rejects Objection to Pennsylvania Electoral Votes 7-92
>>37440, >>37444 Random dude confesses to being paid to protest yesterday - DIG CALL-unsauced
added the vid from earlier this morn-indicated unsauced