The world's cereal grains are now at historic lows not seen since the early 1970's. Major price hikes in food are coming, as peak grain now joins
the ranks of peak oil, peak water and peak fish. The FAO
says world hunger is
increasing, and in six of the last seven years, global population has eaten significantly more grains than farmers could produce.
Next spring may be a good time to bring back the victory garden
Grain Drain: Get Ready for Peak Grain
Now’s the time to brace yourself for major price hikes in food, as peak grains join the lineup of lifestyle-changing events along with peak oil and
Unless this year’s harvest is unexpectedly different from six out of the last seven years, the world’s ever-decreasing number of farmers do not
produce enough staple grains to feed the world’s ever-increasing number of people. That’s been a crisis of quiet desperation over the past decade
for the 15,000 people who die each day from hunger-related causes. It’s about to cause a problem for people who assumed that the sheer
unavailability of food basics, usually seen as a problem of dire poverty, would never cause a problem for them.Please visit the link provided for the complete story.
Grain stockpiles at lowest for 25 years
The world’s stockpiles of wheat are at their lowest level in more than a quarter century, according to the US Department of Agriculture, which on
Thursday slashed its forecasts for global wheat and corn production.Please visit the link provided for the complete story.
Prices rally for corn, wheat, soybeans
"It's really pretty unusual to see this kind of rally or any kind of price rally going into or during harvest," said Alan May, marketing specialist
for South Dakota State University Cooperative Extension Service.Please visit the link provided for the complete story.
Wheat Prices May Reach Record
A growing scarcity of wheat may send prices for the world's most-planted crop to their highest in the next six months, threatening to spur inflation
in China and India and increase costs for food companies.Please visit the link provided for the complete story.
Wheat prices raise fears of supply crisis
The rise in the prices of wheat and other grains has led analysts to caution that the world could face a crisis within the next 12 months if there
is another disappointing year of global production.
Food companies, already under pressure from high energy prices (which raise packaging and transportation costs), are feeling the impact of higher
wheat and grain prices and are passing some of the cost on to customers. Food commodities overall are higher than they were a year ago, with increases
in the price of rice, wheat, barley, oats, corn, cocoa and coffee offsetting declines in butter and milk, according to Bernstein Research.Please visit the link provided for the complete story.
More grain charts here
Are we hearing the
third horseman approaching?
Climate change, widespread drought and global desertification is crippling our agricultural base and the rising demand for bio-fuels to offset oil
prices is also bearing down on food production.
New fuels depleting food supply
Globe and Mail
Crude oil is set to rise after elections and this will exacerbate it all. So along with peak grain, plan on peak meat and peak dairy to follow in the
coming weeks, and I hope your pantries are already full.
Peak mayhem is coming...
[edit on 2-11-2006 by Regenmacher]