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U.N. Food Agency Issues Warning on China Drought

Kushinator

I'm not-low all the time
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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?
 
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.
 
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.
 
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