[seahorse]

$this->bbcode_second_pass_quote('', 'W')ASHINGTON - Larry Matlack, President of the American Agriculture Movement (AAM), has raised concerns over the issue of U.S. grain reserves after it was announced that the sale of 18.37 million bushels of wheat from USDA’s Commodity Credit Corporation (CCC) Bill Emerson Humanitarian Trust.

“According to the May 1, 2008 CCC inventory report there are o­nly 24.1 million bushels of wheat in inventory, so after this sale there will be o­nly 2.7 million bushels of wheat left the entire CCC inventory,” warned Matlack. “Our concern is not that we are using the remainder of our strategic grain reserves for humanitarian relief. AAM fully supports the action and all humanitarian food relief. Our concern is that the U.S. has nothing else in our emergency food pantry. There is no cheese, no butter, no dry milk powder, no grains or anything else left in reserve. The o­nly thing left in the entire CCC inventory will be 2.7 million bushels of wheat which is about enough wheat to make ½ of a loaf of bread for each of the 300 million people in America.”

The CCC is a federal government-owned and operated entity that was created to stabilize, support, and protect farm income and prices. CCC is also supposed to maintain balanced and adequate supplies of agricultural commodities and aids in their orderly distribution.

“This lack of emergency preparedness is the fault of the 1996 farm bill which eliminated the government’s grain reserves as well as the Farmer Owned Reserve (FOR),” explained Matlack. “We had hoped to reinstate the FOR and a Strategic Energy Grain Reserve in the new farm bill, but the politics of food defeated our efforts. As farmers it is our calling and purpose in life to feed our families, our communities, our nation and a good part of the world, but we need better planning and coordination if we are to meet that purpose. AAM pledges to continue our work for better farm policy which includes an FOR and a Strategic Energy Grain Reserve.”

AAM’s support for the FOR program, which allows the grain to be stored o­n farms, is a key component to a safe grain reserve in that the supplies will be decentralized in the event of some unforeseen calamity which might befall the large grain storage terminals.

A Strategic Energy Grain Reserve is as crucial for the nation’s domestic energy needs as the Strategic Petroleum Reserve. AAM also supports full funding for the replenishment and expansion of Bill Emerson Humanitarian Trust.

The May 1, 2008 CCC Inventory report may be reviewed here: http://www.fsa.usda.gov/Internet/FSA_File/wid2a.pdf.

[Dreamtwister]

It's amazing. No matter how ugly things get, there's always one more bag of ugly to throw onto the fire.

This is the doomer porn version of a snuff movie.

[startswithearthquakes]

Seen this one coming ...

[Troyboy1208]

oh wow...I think I hear OF2 coming along to calm us all down.

[BigTex]

Holy bread crumbs Batman!

[Ludi]

My pants are still just fine.

[PrairieMule]

This day just couldn't get any better.

[DrBang]

Someone change my underwear!!!!!

This is bad for all concerned. It puts pressure on Australian food supply as well. Not pretty.

Dr Bang

[Homesteader]

I just tried the link and it wouldn't work.

[BigTex]

$this->bbcode_second_pass_quote('PrairieMule', 'T')his day just couldn't get any better.

[Daniel_Plainview]

$this->bbcode_second_pass_quote('Homesteader', 'I') just tried the link and it wouldn't work.

[Jack]

Most interesting. It looks as if my DBA will pay off handsomely.

High gas prices won't start riots; though it will prepare the emotional and psychological field for them.

But hunger is a different matter. It will not be the fat lady singing that brings on riots and worse; no, it will be the crying of a hungry child.

It may be quite a hot summer, as some spoke of in the era of the Watts riots. And Thanksgiving may have fewer calories this year.

[vision-master]

The Pharaohs and Romans had more foresight. WTF!

[Dreamtwister]

$this->bbcode_second_pass_quote('vision-master', 'T')he Pharaohs and Romans had more foresight. WTF!

[Homesteader]

$this->bbcode_second_pass_quote('DoomWarrior', '')$this->bbcode_second_pass_quote('Homesteader', 'I') just tried the link and it wouldn't work.

[Ludi]

$this->bbcode_second_pass_quote('Dreamtwister', ' ')6 billion useless eaters

[Rubin_Flagg]

Connect the dots people.
govenment food inventory is now basically gone...and the talk of war with Iran....oil is up....monday is going to be the worst day of our lives.

Buy a lot of food and make the last preparations. TSHTF on Monday.

I will be praying for all of us this weekend and enjoying the last of the easy life. I'm even going to go out for a movie and Chinese Food. I wish you all the best.

[Ludi]

$this->bbcode_second_pass_quote('Rubin_Flagg', 'm')onday is going to be the worst day of our lives.

.... TSHTF on Monday.

[vision-master]

$this->bbcode_second_pass_quote('Rubin_Flagg', 'C')onnect the dots people.
govenment food inventory is now basically gone...and the talk of war with Iran....oil is up....monday is going to be the worst day of our lives.

Buy a lot of food and make the last preparations. TSHTF on Monday.

I will be praying for all of us this weekend and enjoying the last of the easy life. I'm even going to go out for a movie and Chinese Food. I wish you all the best.