Skip to comments.G-20 announces measures to stabilize food prices
Posted on 06/23/2011 12:00:21 PM PDT by EBH
World Bank President Robert Zoellick appeared at the ministers' side during the news conference to express his support for the new measures and the seriousness of price swings.
"We are not going to be able to stop food prices from going up and down, but we can smooth out the swings and we can protect the poor whether they are small farmers or consumers," he said.
One of the key aspects of the new accord is the Agricultural Market Information System that would stave off panic food speculation by making instantly available to all countries the state of world food stocks, production and consumption, Zoellick explained.
"What we saw when prices started to surge in 2008 was that the lack of information on stocks and availability can lead to panic in markets and panic is what leads to price hikes," said Zoellick. "Uncertainty leads to volatility."
The new "action plan on food price volatility and agriculture" also called for the institution of emergency food reserves to offset humanitarian crises.
Banks and international agencies were also urged to draw up risk management plans for developing countries financial tools to offset price fluctuations.
(Excerpt) Read more at news.yahoo.com ...
are we ready to see real hunger in the United States?
First the Prez announces the release of oil from the Strategic Reserve, and then, the same day, this —
Or are the *real* numbers (the ones that are kept away from us Great Unwashed because they *aren’t* ‘unexpected’)getting bad enough to cause some small bit of panic among our Betters???
In other words, stock up on supplies now because the shit is going to hit the fan.....
Le Maire emphasized that the plan sets down concrete and ambitious proposals that will be put in place immediately.
“The plan takes place as of today,” he said.
Does this mean what I think it means? Basically:
If it is available, I can buy a loaf of bread that costs $5.00 and now only weighs 4 oz., so 12 oz can be set aside and sent to poor countries?
This is exactly why I’ve been stocking up on long-storage staples.
I hear all those in favor of Central Planning started out ‘looking out for the little people’ too.
Damn your supply-and-demand tried and true old method.
We know better, we can ‘smooth your pain’ better.
It is global price fixing and redistribution...
This is happening today, the plan is now in place. A month from now you’ll be glad you planted that sweat of the brow garden.
As usual, bureaucrats and social engineers playing God will be a recipe for disaster.
And too think soon Hillary will be in this position.
Whoah whoah whoah...
What happened to the “we cannot have our small vegetable gardens” anymore? So is Obama now encouraging us to plant gardens so we will have extra food for the north Korean troops? Err.... I mean starving peasants?
Which they will replace with the certainty of starvation. Good plan.
” Our garden is not doing much either this year. “
What little manages to grow is falling prey to the critters, which are bolder and more aggressive, with more of them coming farther into town than anytime in living memory, for daylight raids.... Repellants don’t deter ‘em, and fences barely slow ‘em down - and the state won’t let us kill ‘em....
My raspberries are doing horrible!
“French Agriculture Minister Bruno Le Maire said the G-20 summit of agriculture ministers had agreed to calm the world market by establishing a transparent system to track global supplies”
That’s the heart of this thing, so they can build on it.
Stabilize them at x10 their current price.
we are allowed to water twice a week now between 6pm and 10 am.
Even so, the heat wave, sometimes up to 106 Dg, is making everything wilt. It’s just awfull.
I’m not suprised that Jalepenos are doing well, they are suited for these conditions.
I’m betting the USA is going to be targeted as having a large portion of global supplies. When the have-nots get a good look at our production vs consumption, I dare say they will say we are eating too much, that we are indulging while the worlds children are starving.
And then, they’ll make sure and take everything we have. “They” being, the G20 member states - including our own potentate..
Same here. Wednesday and Saturday are our water days. Good thing it rained yesterday.
90 percent of the time.......when someone uses the word transparent.........they are hiding something......
No rain here yet, over 300 days now.
Everyone can relax, I'm sure they don't mean that we should quit burning our food as a fuel... a very poor fuel that costs more in money and energy than it delivers.
I'm printing this article for my wife to read and then we will discuss ways to accelerate and increase our food stockpiling efforts. Things must be a lot worse than I thought for these yahoos to come out and say that they need to fix it.
You can still grow food in containers. There were two kids that invented a VERY SIMPLE system with the use of a small piece of pvc pipe and two buckets to grow a single plant, that requires very little water. I’d have to find the info, but unless you have buckets, or access to them, it would cost about $5 per plant in materials. It may or may not be worth your investment.
Leave it up to kids to think of something I couldn't see far enough into the future to think of! I can get the buckets and PVC and have a pretty handy husband. Can you find the info fairly easy? Or give me a good search term to use? Thanks!
Here is the link!
Basically, one bucket sits in another, with a pvc pipe connecting the two. There is dirt in the top bucket, with water in the bottom bucket, and a plastic cover (White garbage bag works in hot climates, black in cooler climates), over the top. The water recycles itself, so very little water is used, and there is no weeding.
It’s an ingenious idea, and I wanted to try this year, but did not want to invest the money (Irrigation water is free in my lease), but it’s a sound principle, and can be as simple or as complex a system (they have videos that explain form simple to very complex), and automatic watering for every bucket/setup. I hope it helps, I am going to try one or two this year, just to get a beter feel for it, but it allows you to easily grow food on a concrete slab, or anywhere, without tilling any soil.
Good luck, and take care!
I built six global buckets this year, based on the link I found right here on FR. My tomatoes are doing great. No blossoms yet, but they’re all about 4 feet tall and just about ready to start.
It is very spooky...we hardly ever think of starvation affecting the United States. Heck we have fat poor people, but it is coming. The G-20 just assured it.
A day’s wages for a loaf of bread...
KittenClaws ping to post #32.
Thank you Mama Shawna, I first say the idea here on FR too. I am excited to try the system, but I have to get a move on, if I’m going to get it done this year. I’m glad that you’ve has success. We’ve had horrible weather in my area, but I’m motivated now since it’s working out for you. Thanks again so much.
Might want to think about a place with better rain water.
If TSHTF, being in a semi arid place like West Texas will be pretty hard.
If TSHTF, being in a semi arid place like West Texas will be pretty hard.
You've got that right! We have a drought going right now. In September it will be a full year without a drop of rain.