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Friday, February 6, 2009
Grains/food shortage
Since taking an interest in geopolitical news and trying to learn about the economy, I’m thinking grains will be in huge demand going forward. Global food shortages , climate weather changes, political instability, and global depression will trigger Biblical sized food shortages that has never been seen before.
If you think our food supply in America is not in jeopardy then you might think again. Just last year we saw about a 22% increase in our cost of food.
Wheat prices alone have risen 92% last year.
The amount of U.S. grain currently stored for following seasons was the lowest on record, relative to consumption.
Food shortages have historically tied to civil unrest. Many countries have been having riots because not having food. Folks, despite the resources shortages food is one we can not do with out. While many western countries ignore the mounting evidence of a global food shortage, even the complacent United Nations is waking up to the reality of a looming world crisis. In a dramatic December 2007 alert, top UN officials report that in an “unforeseen and unprecedented” shift, world food supplies are slipping to dangerous levels, while raw prices are rising to historic record highs. The situation produced “a very serious risk that fewer people will be able to get food,” especially in fragile third world countries, reported Jacques Diouf, director of the UN Food and Agriculture Organization.
(1)The Food and Agriculture Organization of United Nations warned of more food shortages and crop output during the opening of its meeting on Food Security for All, which is being hosted and organized Jan. 26-27 by the Spanish government and co-sponsored by the United Nations. The objectives of the meeting are to raise the political profile of hunger and food security, develop new partnerships and increase resources.
“With an expected increase of 40 million in 2008, the world today has reached 963 million people who are malnourished,” said Jacques Diouf, Task Force vice-chairman and Director-General of the Food and Agriculture Organization of the UN. “This signifies that right now there are almost 1 billion who are hungry, out of the 6.5 billion who make up the world population.”
Diouf called for an investment of $30 billion per year in agriculture of developing countries to double food production by 2050 and ensure the basic right to food for all people.
Meeting participants included UN officials and representatives of international agencies belonging to the Secretary-General’s High-Level Task Force on the Global Food Security Crisis, along with leaders of think tanks, non-governmental organizations and the private sector.
You can Google “food shortages” to get a pretty good idea of the magnitude this is becoming.
So this is just the tip of the iceberg of mounting issues faces the world pertaining to food.
Sources:
(1) Food and Agriculture Organization of the United Nations
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