Results 1 to 3 of 3

Thread: U.N. Food Agency Issues Warning on China Drought

  1. #1
    I'm not-low all the time
    Kushinator's Avatar
    Join Date
    Jan 2006
    Location
    West Loop
    Last Seen
    Today @ 01:09 AM
    Gender
    Lean
    Independent
    Posts
    16,254

    U.N. Food Agency Issues Warning on China Drought

    HONG KONG — The United Nations’ food agency issued an alert on Tuesday warning that a severe drought was threatening the wheat crop in China, the world’s largest wheat producer, and resulting in shortages of drinking water for people and livestock.

    China has been essentially self-sufficient in grain for decades, for national security reasons. Any move by China to import large quantities of food in response to the drought could drive international prices even higher than the record levels recently reached.
    The rest of the article can be found here.

    Droughts in Eastern Europe (specifically the Russian/Ukrainian grain belt) have diminished wheat supply, which is a major cause in the rise of the price of Wheat. A drought in China is sure to cause wheat prices to increase, however the extent is still unknown due to the lack of data on Chinese wheat inventories. Wheat futures are expected to rise until the end of 2011, according to current data and futures contracts traded at the Chicago Mercantile Exchange.

    Could another food crisis be in the making?
    It is not very unreasonable that the rich should contribute to the public expense, not only in proportion to their revenue, but something more than in that proportion.
    "Wealth of Nations," Book V, Chapter II, Part II, Article I, pg.911

  2. #2
    Defender of the Faith
    ludahai's Avatar
    Join Date
    Apr 2005
    Location
    Taichung, Taiwan - 2017 East Asian Games Candidate City
    Last Seen
    07-03-13 @ 02:22 AM
    Gender
    Lean
    Very Conservative
    Posts
    10,320

    Re: U.N. Food Agency Issues Warning on China Drought

    Everyone should get used to this. Food shortages are going to be a part of our future. With a rising population, lack of investment in food production capabilities, a rising backlash against technology like GM food, a rising tide in generally inefficient organic farming, and anti-subsidie movements in many developed countries, this is only the beginning of something that will be part of the global narrative in the years and decades to come.
    Semper Paratus
    Boston = City of Champions: Bruins 2011; Celtics 2008; Red Sox 2004, 2007; Patriots 2002, 2004, 2005
    Jon Huntsman for President

  3. #3
    Sage
    Barbbtx's Avatar
    Join Date
    Jan 2010
    Location
    W'Ford TX
    Last Seen
    11-10-12 @ 08:04 PM
    Gender
    Lean
    Conservative
    Posts
    8,467

    Re: U.N. Food Agency Issues Warning on China Drought

    Quote Originally Posted by ludahai View Post
    Everyone should get used to this. Food shortages are going to be a part of our future. With a rising population, lack of investment in food production capabilities, a rising backlash against technology like GM food, a rising tide in generally inefficient organic farming, and anti-subsidie movements in many developed countries, this is only the beginning of something that will be part of the global narrative in the years and decades to come.
    Maybe the environmentalists will finally say screw the two inch smelt, and release the water for the farmers in Ca.
    Catawa is my favorite bleeding heart liberal.
    1/27/12

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •