by mcgowanjm » Thu 21 Jan 2010, 12:51:06
$this->bbcode_second_pass_quote('rangerone314', 'B')y about what date this year will it be obvious we have a serious food shortage issue?
"Obvious" means what?
The kids spending all their waking hours online, the Dumbest Generation, ask Mommy/Daddy what's to eat?
And get blank stares in return?
Florida loses 70% of Winter veggies. I would think fruits
like strawberries are gone as well. And:
However, analysts have also warned that the price rise may be a signal that China's 2009-10 crop fell short of the official estimate of 163m tonnes. "The domestic price has risen much faster than we had earlier expected," Li Qiang, chief analyst with Shanghai JC Intelligence, told Reuters, the news agency. "The major reason is because of a lower harvest." The private consulting firm has pegged the crop at 140m tonnes. The US Department of Agriculture has estimated production at 155m tonnes. USDA staff in Beijing have warned over the reliability of Chinese grain data, saying that provincial authorities are "occasionally tempted" by a subsidy regime to overstate production estimates.
That's a 23 MMT difference. Australia will never grow 23 MMT
wheat again.
And every fourth row of soy is going to China (more now that the soy harvest has been downgraded and exports to China increased).
Specifically, the USDA has declared half the counties in the Midwest to be primary disaster areas, including 274 counties in the last 30 days alone. These designations are based on the criteria of a minimum of 30 percent loss in the value of at least one crop in the county.
In this reality, the US farmers have suffered the worst harvest season ever seen.