Posted on 02/19/2011 6:13:52 AM PST by HangnJudge
Forget stocks, the real crisis is coming… and it’s coming fast.
Indeed, it first hit in 2008 though it was almost entirely off the radar of the American public. While all eyes were glued to the carnage in the stock market and brokerage account balances, a far more serious crisis began to unfold rocking 30 countries around the globe.
I’m talking about food shortages.
Aside from a few rice shortages that were induced by export restrictions in Asia, food received little or no coverage from the financial media in 2008. Yet, food shortages started riots in over 30 countries worldwide. In Egypt people were actually stabbing each other while standing in line for bread. We’re now seeing the second round of this disaster occurring in Egypt and other Arab countries today. Thanks to the Fed’s funny money policies, food prices have hit records. And even the Fed’s phony measures show that vegetable prices are up 13%! The developed world, most notably the US, has been relatively immune to these developments… so far. But for much of the developing world, in which food and basic expenses consumer 50% of incomes, any rise in food prices can have catastrophic consequences. And that’s not to say that food shortages can’t hit the developed world either. According to Mark McLoran of Agro-Terra, the Earth’s population is currently growing by 70-80 million people per year. Between 2000 and 2012, the earth’s population will jump from six billion to seven billion. We’re expected to add another billion people by 2024. So demanding for food is growing… and it’s growing fast.
(Excerpt) Read more at zerohedge.com ...
This is an absolute recipe for disaster.
All I can say is, I guess my employment in the Ag sector is secure.
the Fed’s phony measures show that vegetable prices are up 13%!
Let’s cut to the chase - what’s the impact on Kobe Beef prices?
people will be outside grazing on their lawns.
Don’t we pay farmers to NOT grow crops?
The first and hardest hit will be those countries in which large numbers of humans are living on a few dollars a day. They will be the canaries in the coal mine.
Many countries around the world can choose to invest in agriculture or weapons, and they choose weapons. I don’t like the food grown for fuel idea, but a lot of the blame should not fall on us.
Is that solyut green.?
Or the absolute recipe for some profits.
I'll be standing guard on my blackberry bushes and apple trees.
And aragula. Don't forget aragula.
Maybe some truth but a fair amount of BS or at least fast-and-loose here.
Corn for one. Here is hard data showing US corn production has been increasing significantly year-over-year and has reached record levels:
http://www.ncga.com/corn-production-trends
Some has been driven by ethanol, sure. But that corn could be diverted to food instead, the point is we are producing it already. No shortage.
Whenever some blogger trying to pimp his website and/or book and/or newsletter claims there’s “reduced production” and “decade low inventories” without any proof, it becomes accepted as fact (?)
There is never food shortage, there is lack of transport
Don't forget arugula...
Glenn Beck has been talking about this for months.
Hey a shipment of food is coming in next Tuesday. Lets go camp out in line.
prophetic?
I hate the idea of good cropland being wasted to grow feed corn for ethanol. The proper use of farmland is to grow sweet corn to make fine bourbon.
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Buy Gold commercials on FR ???
I would not be surprised to see this current regime promoting food shortages as a way to control the population through food rationing.
Which would also fit in nicely with the war on obesity—if this regime thinks people can’t be trusted to feed themselves properly, it would be quite happy to force them to.
I've been telling anyone who will listen this, since 2008
Yes we do. My wife inherited a farm recently and we had to go to the local federal farm office to deal with that. The Feds have had a program for years that pay you to not grow anything. 10 or 15 years ago they wouldn’t let you keep the ground mowed or anything. Now after 15 years of trees growing that couldn’t be legally cut they say that you have to cut the trees to stay in the program!
There are also other programs that pay farmers or subsidize them to some extent. I was told that the program paying you not to grow was originally based on the theory that letting some ground lay fallow was stopping erosion and that benefited the public at large. Now they want the trees cut down to promote wildlife. “Meet the new boss, same as the old boss.”
I guess that since the depression there have been more bad years than good years for farmers and that is why these programs,as unconstitutional as they are, have stuck around.
When I went to the Navy Commissary last Tue the box of 2 min oatmeal I usually purchase for 95 cents was $1.99.
I sure don’t think so that was a Reagan era program but it would be great if someone did the research and let us all know.
I know there is a program that takes marginal land out of production, the owner gets an average of $40 per acre and it has to be seeded to a natural state and is basically an environmental program.
Should trends continue, 2012 may well feature a War against American kulaks, who are obviously hoarding their corn against the needs of the People!
If the President’s New Economic Policy doesn’t work, it must be because of greedy farmers and capitalist wreckers!
/progressive party line
“There is never food shortage, there is lack of transport”
That and looting warlords making off with it at all the points of entry.
Six weeks ago I was buying green beans for $.99 - 1.25 per pound. Last week they were 2.99. My grocer currently has NO green veggies on sale.
Agree bigbob. I listen to the farm reports not every day, but often. They are often complaining about an abundance, and a lack of new markets overseas. I don’t think we have a food shortage problem at all.
Transporting the food could become more expensive but not a shortage of the food itself.
there are gold bug links on that site, but that's not the point
But if I was a teenager, I would be studying
farming techniques
Small animal husbandry
Frontier medicine
Withou illegal immigration, the US is not part of the growing world population. We are just stable.
And the reduction of the US agriculture output was accomplished by...the Rockefeller wing of the republican party in the 50s, 60s, and 70s. Not all socialists are in the democrat party.
Eliminating ethonol subsidies is a good opening move to restoring agriculture.
The first and hardest hit will be those countries in which large numbers of humans are living on a few dollars a day. They will be the canaries in the coal mine.
—
Think Egypt...
People love to cry about Monsanto and I’ve done my fair share of it but their seeds have doubled yields.
Agree...
Recently we dealt the Chi-Coms tons and tons of soy beans. It got me wondering if we are going to pay our debt to them in food.
But if I was a teenager, I would be studying
farming techniques
Small animal husbandry
Frontier medicine
—
Making and using hand tools...
With the Baltic Dry Index trading near its lows, that is simply not the case.
Yes, any product has to get to market and that adds a lot, especially wheat, cotton, corn and those products that have to be further processed and every step costs more because of the price of oil.
so what is the solution??? if you are fubo, you shut off the water to the central california valley to save some damn litte snail darter kind of fish....have you tried to buy celery lately??? I give you one guess as to why it is fast becoming a rare commodity...
Think Darfur, Zimbabwe, North Korea
Haiti?
It was, at one time, independently sustaining in rice production
It is now a basket case, some say due to "transport"
http://www1.american.edu/TED/haitirice.htm
I still have to pay 25 cents a can for premium vegetables at my local discount store. Of course, those canned vegetables only stay good for 5-10 years, depending on what temperature you store them at.
I am lucky to have these discount stores in the Yuma area. It decreases my cost of living considerably. I think most of them come from California stores, where if they have a slight dent or are overstocked.
I still have the rice & beans I bought for the 2008 famine.
Should have been: “where if they have a slight dent or are overstocked, they ship them to us for ridiculously low prices.”
The Californian policy makers are psychotic and sadistic
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