Posted on 05/31/2011 3:30:02 PM PDT by WILLIALAL
The world grain inventories were already depleted from truly terrible weather in 2010. Now we are seeing even worse weather so far this year. China is experiencing its worst drought in 50 years. The government says this weather is decimating a major grain belt, and it is leaving livestock without water. Fish farms have been ruined. Who knows the long term effects? More than 4.3M people are having trouble finding drinking water. Actually this last is a much bigger problem throughout China, which has a long term drinking water problem. The Chinese have released extra water from the Three Gorges Dam to partially alleviate the drought downstream of the dam in the Yangtze drainage basin. If there is no rain by June 10, the Chinese will lose the ability to do even this. Not to be outdone, Europe is in the midst of its worst drought in 44 years.
(Excerpt) Read more at seekingalpha.com ...
I’ve invested all of my money in this company, to let you in on a little secret, they’ve got this product that is going to take off, it’s called, “Soylent Green.”
Ag stocks must be eatable.
Not to mention the loss of farms, farm land, and livestock in the south. Remember all the land that was flooded to save Baton Rouge and New Orleans.
Food shortage? But we have restaurants EVERYWHERE and grocery stores EVERYWHERE. lol. /sarc. I love that almost as much as “I always have money. I have checks.”
China is in big trouble. The two most basic commodities are food and water. If you don’t have enough of either, people die. No consumers, no workers, no military, no economy. Just lots of thirsty, hungry people who are rioting because they have nothing left to lose.
Yeah, but there’s some that does’t taste so good...or so I’ve heard. Some is stringy, some tasts like tofu, others like arugula. No protein. Yuk!
Donner...party of ...darn! It keeps changing too fast.
Starvation in China = revolution.
That’s bad news in Beijing at the Politburo but good news for everyone else from Seoul to Manila.
You hate to think about profiting from things like this, but I suppose the opportunity is there.
But the U.S farmers are busy planting CORN for Ethanol.
“Starvation in China = revolution.”
Food and water, it doesn’t get any more basic than that.
Yes, and there will be big surpluses of corn again, for about the 50th year in a row.
“But the U.S farmers are busy planting CORN for Ethanol.”
Just how much corn has been planted this year, with all the wet weather? Any reports out there?
The ChiComs government knows they need to lose 400,000,000 to 500,000,000 people in the next 10 to 15 years for the country to become a healthy again. If they can get that number from weather realted problems the ChiCom government will survive. If not, there will be civil strife!
Eat a gallon of gasoline.
LOL I was thinking the same thing. Stocks won’t mean squat if you’re starving.
I on the other hand will have seed stock up the ying yang. I went nuts with the pole beans, peas, parsnips......
Can you explain North Korea to me?
“But the U.S farmers are busy planting CORN for Ethanol.”
Not this year. At least not in Iowa where they only have 11% of their crops planted due to heavy rains & flooding. Normally by this time of year they are 90% planted.
The smart farmers that sat on their corn last year will clean up in 2011.
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