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The World Is Awash With Food

January 11, 2016
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By Paul Homewood 

  

 

Flashback – March 2014 and the ever reliable Guardian!

 

 

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http://www.theguardian.com/environment/2014/mar/31/climate-change-food-supply-un

 

Climate change has already cut into the global food supply and is fuelling wars and natural disasters, but governments are unprepared to protect those most at risk, according to a report from the UN’s climate science panel.

 

 

Now fast forward to today:

 

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Piles of unwanted grain on farms near Doug Schmitz’s storage bins in southern Minnesota are a stark reminder of just how bearish the outlook is for U.S.crop prices.

After record yields during the harvest a few months ago, growers in the area still have 80 percent of their corn crop left to sell and 70 percent of soybeans, said Schmitz, who operates four grain elevators and markets to processors and exporters. Normally, half the supply would be unloaded by now, he said. While Schmitz Grain Inc. is under contract to collect 2 million bushels from local farmers, the outlook is so dim that most of that inventory hasn’t been priced yet, he said.

 

http://www.bloomberg.com/news/articles/2016-01-10/unwanted-piles-of-corn-soy-spur-most-bearish-crop-outlook-ever

 

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ROME: International food prices dipped by 19 per cent in the last year, the fourth consecutive annual fall, due to substantial decline in dairy, sugar and veg oil prices according to the United Nations food agency.

The maximum fall was witnessed in dairy prices, which fell by 28.5 per cent compared to 2014, marking its lowest since 2009. It was followed by sugar prices, which were down by 21 from 2014 levels, as per the FAO price index.

Similarly vegetable oil prices also came down last year by 19 per cent in comparison to 2014 prices, while cereal prices fell by 15.4 per cent in 2015. The meat prices also came down by 15.1 per cent in the last year.

Abundant supplies in the face of a timid world demand and an appreciating US dollar are the main reasons for the general weakness that has dominated food prices in 2015, the Food and Agriculture Organisation said in its monthly food price index.

http://www.newindianexpress.com/world/Global-Food-Prices-Down-by-19-Percent-in-2015-Says-FAO/2016/01/11/article3222558.ece

 

 

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NEW DELHI: India’s horticulture output has outpaced the production of foodgrains third year in a row in 2014-15 despite deficit monsoon, unseasonal rains and hailstorms. Besides, horticulture production also showed continuous increase unlike foodgrain output which reported a decline in 2014-15 as compared to 2013-14.

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http://timesofindia.indiatimes.com/india/Third-year-in-a-row-horticulture-output-beats-grain-production/articleshow/50401544.cms

13 Comments leave one →
  1. January 11, 2016 8:24 pm

    But there is more! Over forty percent of America’s prodigious corn crop is distilled into motor fuel. We could save a ton of money using petroleum instead. We could collapse grain prices worldwide if we released ethanol feed stocks onto the traditional animal feed markets. You think the prices are low now.

  2. January 11, 2016 8:47 pm

    I am not convinced that surpluses of food and lower prices are a “good thing” for the long-term supply of food.
    It is possible that the market will not be able to deal with this in a controlled manner and there may be a rapid correction leading to reduced supply.
    In retrospect we may look back on recent decades as a “golden age” when food was in relatively good supply.

  3. January 11, 2016 9:07 pm

    Relax, it’s in the Guardian which is,as the Mash so neatly puts it; “Wrong about everything, all the time.”

  4. Joe Public permalink
    January 11, 2016 9:33 pm

    Perhaps the amount of plant food in the atmosphere should be reduced?

  5. January 11, 2016 11:08 pm

    Reblogged this on Climatism and commented:
    Another ‘global warming’ dud-prediction designed to scare you into belief.

  6. John F. Hultquist permalink
    January 12, 2016 5:35 am

    Just saying …
    Genesis 41:53
    “The seven years of plenty that occurred in the land of Egypt came to an end, …”

    Cold will do that for you.

  7. Rosarugosa permalink
    January 12, 2016 7:48 am

    Cause and effect. The rise of CO2 in the atmosphere to close on 400ppm has had it’s effect.
    How else can this be explained?
    How about other crops, are they also experiencing similar massive increases?

    • January 12, 2016 3:47 pm

      There are so many factors involved in this that I doubt whether it is possible to attribute the rise in food production to the level of CO2 in the atmosphere.

    • catweazle666 permalink
      January 12, 2016 5:55 pm

      “How about other crops, are they also experiencing similar massive increases?”

      Not just crops, practically everything else everywhere else as well.

      Deserts ‘greening’ from rising carbon dioxide: Green foliage boosted across the world’s arid regions

      Increased levels of carbon dioxide (CO2) have helped boost green foliage across the world’s arid regions over the past 30 years through a process called CO2 fertilisation, according to CSIRO research.

      In findings based on satellite observations, CSIRO, in collaboration with the Australian National University (ANU), found that this CO2 fertilisation correlated with an 11 per cent increase in foliage cover from 1982-2010 across parts of the arid areas studied in Australia, North America, the Middle East and Africa, according to CSIRO research scientist, Dr Randall Donohue.

      http://www.sciencedaily.com/releases/2013/07/130708103521.htm

  8. January 12, 2016 10:29 am

    Reblogged this on Wolsten and commented:
    Yet another reason not to read the Guardian.

  9. johnmarshall permalink
    January 12, 2016 11:40 am

    We have recently more food than we need. It is its distribution that is the problem.

  10. John F. Hultquist permalink
    January 12, 2016 9:50 pm

    According to Autodata Corp, US sales hit 17.47 million units in 2015, breaking the previous record of 17.41 million in 2000.

    102,600 / 17,470,000 = zilch

    Take a look at the photo on James Delingpole’s post about electric cars.
    I expect a number of these things will die young. Disgusted owners will fill them with soil and bulldung and plant food or flowers.

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