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The world faces “mass starvation” following North America’s next major crop failure. And it could even happen before year’s end. So says Chicago-based Don Coxe, who is one of the world’s leading experts on agricultural commodities, so much so that Canada’s renowned BMO Financial Group named the fund after him.
In particular, an imminent crop failure in North America will have particularly dire consequences for major overseas markets that are highly reliant on U.S. crop imports, Coxe cautions. Sadly, this scenario could have been avoided had successive North America’s governments not weakened the farming industry with too much political interference, he suggests.
Originally posted by mastermind77
But my point is we have the resources to make a farming and irrigation/weather modification to safely make a good growing condition with minimal severe weather.
Originally posted by kettlebellysmith
The drought in california is man made.
Farmers and ranchers across a vast section of Alberta and Saskatchewan are staring down the same ominous fields of parched soil and brown crops.
In portions of the hardest-hit region, which stretches in a triangle pattern from Saskatoon to Edmonton and Calgary, 2009 marks the driest spring Agriculture Canada has seen in the 70 years records have been kept in the area.
The arid soil, combined with record-cold temperatures, have killed many cash crops and left ranchers with pastures of brown stubble to feed cattle.
Producers say the circumstances are ominously comparable to those of 2002, when much of the Prairies grappled with the worst drought in 133 years. Farm incomes sunk by 70 per cent in some regions and growers as far away as PEI shipped their hay to desperate western cattleman.
On May 5th, President Obama asked USDA to expedite, within 30 days, the biofuels provisions of the energy title of the 2008 Farm Bill. Agriculture Secretary Tom Vilsack says USDA has met the President’s challenge to help produce more energy from - homegrown, renewable sources.