It has been said that the stability of a nation is only a couple of meals away from chaos, yes, even in the most stable of countries, ours included. Okay so, let's talk about the Arab Spring, and the potential challenges of the heat of an Arab Summer. It's not just about freedom, or politics, indeed, it's also about food and economics, perhaps even more so. You see, it's easy to forgive a little when the supply chains are flowing with abundance, but when they stop, the sentiment can change in an instant.
You may not realize this but North African nations, specifically Egypt, Algeria, Tunisia import lots of wheat. In Tunisia and Algeria for instance they import about 465 to 480 pounds on average per person. Egypt is not far behind with about 410 pounds per person, and please consider the huge population there. Iraq also imports a lot of wheat about 290 lbs. per person per year, and prices keep skyrocketing and $8 a bushel may not be the upper limit.
You may not realize this but North African nations, specifically Egypt, Algeria, Tunisia import lots of wheat. In Tunisia and Algeria for instance they import about 465 to 480 pounds on average per person. Egypt is not far behind with about 410 pounds per person, and please consider the huge population there. Iraq also imports a lot of wheat about 290 lbs. per person per year, and prices keep skyrocketing and $8 a bushel may not be the upper limit.
