The Coming World Famine: Will 2010 Be the Year the World Runs Out of Food?
August 3, 2009
Emergency Food Supply
A "perfect storm" of circumstances is coming together that is leading many agriculture experts to predict that we will soon be experiencing a worldwide food crisis of unprecedented magnitude. Will 2010 be the year that the world runs out of food? Record setting droughts, exploding populations and crippling crop failures all over the world are combining to set the stage for a potentially devastating food crisis in the coming year.
Even in such technologically advanced times, the reality is that the food supply is not immune to droughts and plagues. Even the United States has been dramatically affected. Just consider the following examples.....
- All time record breaking heat and drought continues to plague the state of Texas. In fact, extreme drought conditions can be found in many agricultural areas throughout the United States this summer.
- If the drought conditions were not bad enough, a disease known as "late blight" is absolutely devastating tomato and potato plants in the eastern half of the United States. The prices for those two staple foods could shoot through the roof, hitting already hurting American consumers really hard.
- In addition, farmers all over the United States are reporting very disappointing harvests. For example, the very weak wheat harvest this year is seriously disappointing farmers across the state of Illinois.
But it is not just the U.S. that is experiencing serious agricultural problems. In fact, the news from the rest of the world is even more troubling.
- Agricultural scientists fear that Ug99, a devastating wheat fungus also known as stem rust, could wipe out over 80 percent of the world's wheat crop as it spreads out from Africa.
- Harvests all across the globe are frighteningly low. Just check out the following troubling reports from the Market Skeptics blog.....
1) Bulgaria harvest will be around 20% lower than last season's output.
2) Argentine farmers will plant just 2.6 million hectares of winter wheat for the 2009/10 season, a stunning 2.1 million less than was planted in 2008/09 (down nearly 45%).
3) Part of the reason behind lower plantings is a two fingered salute to the government and their export restrictions.
4) Brazil, the world's third largest wheat importer, bought 51,000 MT of US wheat last week, more than it bought in the entire first six months of the year.
5) With the Brazilian real strengthening against the dollar, Brazilian millers that are being forced to look for supplies are finding US wheat fitting the bill quite nicely.
6) Canadian crop development lags with 60% of winter grains are behind normal development. Spring grains development is even further behind, with 75% of crops affected.
7) Ukraine will only produce 35 MMT of grain this season, 35 percent less than last year.
8 ) 3.3 million hectares of the Russia’s spring crops have been badly damaged by drought. Production this year is seen lower at around 55-60 MMT from 63.7 MMT in 2008.
9) Sugar hit its highest in three years last week.
10) The lack of monsoon rains in northern India was the main driver of the rally in sugar. World demand is outstripping supply by over six million tonnes at the moment, and India is set to potentially become the world's largest importer this year.
11) Spanish wheat output is now projected 32% lower this year at 3.8 MMT.
12) Rain is damaging crops in the UK and across Europe.
When you add up all of the recent agricultural news stories it means one thing: a massive food crisis is on the way.
Harvests around the world are going to be much smaller at a time when world demand for food is at an all-time high.
In other words, there are going to be food shortages.
Very serious food shortages.
Are you all starting to get the point.
In just a few months, the world is going to have a lot less food than what it needs. When people around the world find that they can't feed their families, there will likely be food riots that will make the food riots of 2008 look like a walk in the park.
In the United States, there will not be shortages of food - at least at first. But what this will mean is that there will be dramatic price increases at the supermarket.
Are you ready?
Now is the time to ensure that you and your family are prepared for the food crisis that is ahead.