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Originally posted by SmellMyHoop
I think first prices will just soar so much there will be riot's and unrest.
Originally posted by Wide-Eyes
Well, I am pretty sure most of us here have heard about the coming food shortage.
Don't get me wrong, we will probably always have it better than a lot of countries but when we (the western world) are being threatened with food shortages then we know something is up...
Originally posted by thegoodearth
I think this has less to do with a true "shortage", than with hyperinflation, big business interests (Monsanto), and I fear for all of us in the next couple of years if this continues.
This will open the door for Monsanto to leap in, crying that we need the genetically altered seed to "save" the world from "hunger".
This is all being very skillfully masterminded, I believe.
World moves closer to food price shock
By Gregory Meyer in New York and Javier Blas and Jack Farchy in London
Published: January 12 2011 20:26 | Last updated: January 12 2011 20:26
The world has moved a step closer to a food price shock after the US government surprised traders by cutting stock forecasts for key crops, sending corn and soyabean prices to their highest level in 30 months.
The price jump comes after the UN’s Food and Agriculture Organisation warned last week that the world could see repetition of the 2008 food crisis if prices rose further. The trend is becoming a major concern in developing countries.
Traders are particularly concerned about the cost of vegetable oil, key for developing countries such as China where an emerging middle class is buying more frying oil. The US Department of Agriculture said the ratio of global stocks-to-demand would fall later this year to “levels unseen since the mid-1970s, reflecting an accelerated pace of vegetable oil” consumption for food and fuel.
In Chicago, the price of soyabeans rose as much as 5.2 per cent to $14.20½ a bushel, the highest since late 2008. The USDA said that domestic stocks-to-demand would drop to the lowest point in nearly half a century.
Corn prices jumped 5 per cent to $6.37 a bushel, the highest level since July 2008.
The USDA said that by August the ratio of US corn stocks-to-demand would fall to a surprisingly thin 5.5 per cent, the smallest cushion in 15 years.
The UK, US and Europe have nearly twice as much food as is required by the nutritional needs of their populations. Up to half the entire food supply is wasted between the farm and the fork. If crops wastefully fed to livestock are included, European countries have more than three times more food than they need, while the US has around four times more food than is needed, and up to three-quarters of the nutritional value is lost before it reaches people’s mouths.
All the world’s nearly one billion hungry people could be lifted out of malnourishment on less than a quarter of the food that is wasted in the US, UK and Europe.
The irrigation water used globally to grow food that is wasted would be enough for the domestic needs (at 200 litres per person per day) of 9 billion people - the number expected on the planet by 2050.
Originally posted by stupid girl
Why has this thread not taken off?
Once again ATS never ceases to amaze me with the threads that go viral vs. the threads that die out.
5 billion bird death threads and 5 billion-twenty-seven James Laughner threads, when one or two would suffice.
But a legitimate food shortage thread that affects us all & our daily way of life fizzles out like a greasy fart.