Commentary 
“The food of the Chinese people must be made by and remain in the hands of the Chinese people.” —President Xi Jinping
Global grain-trading strategies are currently in motion, thereby driving up food costs, while many profit at the expense of others.
One reason food costs are rising is China. China is stockpiling food commodities. In fact, as Russia was blocking trade routes, China was importing exports from those trade routes. It is rumored that 40 percent of April’s grain exports from Ukraine went to China.
As Bloomberg recently reported: “By mid-2022, the U.S. Department of Agriculture estimates that China will hold 69% of the world’s corn reserves, 60% of its rice, and 51% of its wheat.”…