The Agricultural Crisis of 2019

Since 2019 global grain consumption has grown by 6%, in just basically three years. So it's both demand and supply basically bumping up against each other, which means we're going to have these big huge price spikes in grain markets as we travel through this decade. Are there some grains that are much more sensitive to weather and other factors? Is there a way for us to know which markets are going to be most heavily affected? It's so funny. One of the interesting areas where we'll potentially see a lot of food inflation is in both the cocoa markets,. We think of coffee, we think of Brazil, but it turns out that Vietnam is the world's second largest coffee producer.