Thursday, August 9, 2012

MORE FOOD CRISIS

THE UNITED NATIONS HAS  CONFIRMED A WORLD WIDE FOOD CRISIS.

THE FAO (UN food and agricultural org) WHICH IS RESPONSIBLE FOR SEEING THAT THE WORLD'S POOREST ARE FED (AND DOES A HORRIBLE JOB AT THEIR ONE TASK) HAS DECLARED THAT THE CURRENT DROUGHT IN THE UNITED STATE WILL CAUSE EXTREME HARDSHIP FOR THE POOR AROUND THE WORLD.

FOOD PRICES ARE UP ON A WORLD WIDE BASIS BY 6% IN JULY.  MOSTLY CAUSED BY CORN AND SOYBEAN DISASTERS IN THE UNITED STATES.

CORN WILL BE AT LESS THAN 50% OF LAST YEARS YIELD WHILE SOYBEANS ARE EXPECTED TO BE AT 66% OR LESS.

SINCE THE FEDS PUT A DEMAND ON THE AMOUNT OF ETHANOL WHICH WE ARE FORCED TO PRODUCE, CORN HAS GONE FROM $2.80 A BUSHEL TO MORE THAN $8.00.
THIS IS SINCE 2006.  IDAHO LATE FROST AND AND RUSSIAN POOR WHEAT HARVEST HAS SENT WHEAT UP 19%, SUGAR 12% and fats and oils are up 2% and expected to rise.  ALL CEREAL GRAINS SOARED 17% IN JULY.

WHILE THE CURRENT CROPS HAVE BEEN DECIMATED, ACCORDING TO OXFAM, WORLD WIDE RESERVES ARE AT AN ALL TIME LOW.  WITH NO BACK UP PLAN A SECOND YEAR LIKE THE CURRENT ONE (WORSE THAN THE DUST BOWL ERA) MILLIONS WILL FACE STARVATION.

YET, WE STILL BURN OUR FOOD.

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