by copious.abundance » Wed 25 Jun 2008, 20:45:52
Do we really need *another* thread on this same topic, in addition to the long one in Current Energy News??
$this->bbcode_second_pass_quote('cube', 'N')ow to answer your question this has already been mentioned in the previous posts but I'll summarize it.
corn, wheat, rice make up 50% of world food intake.
Only wheat has shown a gain while the rest is in decline.
But anyway, here is some extremely *non* cherry-picking information. Here is
world production of cube's "big three." You can't get any less "cherry picking" than this.


The CBOT doesn't have nice handy-dandy charts for rice, so I'll use a recent article instead:
-->
FAO expects rice production to rise by 1.8 percent in 2008 <--
$this->bbcode_second_pass_quote('', 'W')orld rice production is expected to increase in 2008 by 12 million tonnes or 1.8 percent, assuming normal weather conditions, FAO said today. Production increases would ease the current very tight supply situation in key rice producing countries, according to the first FAO forecast for this year. International rice trade is expected to decrease, mainly due to restrictions in main exporting countries.
Sizable production increases are expected in all the major Asian rice producing countries, especially Bangladesh, China, India, Indonesia, Myanmar, the Philippines and Thailand, where supply and demand are currently rather stretched. Governments in these countries have already announced a series of incentives to raise production.
[...]