Forbes Magazine ran a story last October regarding the coming food crisis of 2011, which stated-among other things-that WalMart raised its prices 5.8% during the month of June. Of even greater significance was the fact that WalMart's prices are slowly inching their way to the same levels as Safeway and Kroger as well as other large supermarket chains.
In other words, the undisputed king of low prices may not be able to hang onto the crown forever. The bottom line spin on this particular information seemed to be that we haven't seen anything yet, and that America is just "one supply shock away from a full-blown food crisis that would make the price spikes of 2008 look like a happy memory."
Increased world population,Increased demand for more food,Development,Droughts,Subsidies and Tariffs,More competition and higher prices on the commodities that are produced,Waste,High oil prices In the past few months we have heard a lot of talk and rhetoric from government officials from the pledging of more money, and promising to do more, but this is not enough we have to put systems and fail safes into place to compensate for the growing population and our efforts to find alternative energy solutions to decrease our dependency on oil.And how do we put systems into place? Through proper planning, goal setting, and training
Why does it happen Rocketing oil prices, global warming, biofuels, and the world population explosion are the cause of this food crisis. The primary driver is the soaring cost of oil, which reached $123 a barrel for the first time. Oil cost will make transportation more expensive, thus making food more expensive too. The price of oil has sent the cost of food imports skyrocketing this year.
The World Bank predicts global demand for food will double by 2030. This is partly because the world's population is expected to grow by three billion by 2050. Food demand will also grow due to new prosperity in India and China.Global warming will disrupt food production in many countries. It can cause climate instability which is bad for crop.Food price are affected by accelerating demand for biofuels. Biofuels, made from food crops such as corn, sugar cane, and palm oil, are seen as easing the world's dependence on gasoline. But when crude oil is expensive, these alternative energy sources can also be sold at higher price. Last year a quarter of the US maize crop was turned into ethanol to fuel vehicles. US supplies more than 60% of the world's maize exports. According to the World Bank, this is putting pressure on countries' food supplies.
The worldwide food reserves are at their lowest in 35 years. Demand is growing much more than supply.How to solve For short term, massive government and international agency aid is needed especially from rich nations. For long term, there should be incentives to increase food production. Relative price fluctuations are an unavoidable part of an efficient economy. This becomes worrying when some people are so poor that a small rise in price becomes a life and death question for them.
The rice is made by mixing potatoes, sweet potatoes and plastic; the potatoes are formed into the shape of rice grains to which industrial synthetic resins are added. The Chinese Restaurant Association stated that eating three bowls of this fake rice would be like eating one plastic bag. As food continues to become scarce around the world, it's likely we will see much more of these "fillers" being added to our food.
Extreme weather, the bee colony collapse (bees pollinate some 90% of the world's commercial crops), the collapsing dollar, the recent Food Safety Modernization Act, rising oil prices, increased soil pollution (the aluminum in the chemtrails being sprayed has contaminated soil, killed plants, and made much of the world's soil sterile) and the GMO giants needing to complete their takeover of the world's food-with all these things working together, we may see a food crisis of truly epic proportions in the very near future.
In other words, the undisputed king of low prices may not be able to hang onto the crown forever. The bottom line spin on this particular information seemed to be that we haven't seen anything yet, and that America is just "one supply shock away from a full-blown food crisis that would make the price spikes of 2008 look like a happy memory."
Increased world population,Increased demand for more food,Development,Droughts,Subsidies and Tariffs,More competition and higher prices on the commodities that are produced,Waste,High oil prices In the past few months we have heard a lot of talk and rhetoric from government officials from the pledging of more money, and promising to do more, but this is not enough we have to put systems and fail safes into place to compensate for the growing population and our efforts to find alternative energy solutions to decrease our dependency on oil.And how do we put systems into place? Through proper planning, goal setting, and training
Why does it happen Rocketing oil prices, global warming, biofuels, and the world population explosion are the cause of this food crisis. The primary driver is the soaring cost of oil, which reached $123 a barrel for the first time. Oil cost will make transportation more expensive, thus making food more expensive too. The price of oil has sent the cost of food imports skyrocketing this year.
The World Bank predicts global demand for food will double by 2030. This is partly because the world's population is expected to grow by three billion by 2050. Food demand will also grow due to new prosperity in India and China.Global warming will disrupt food production in many countries. It can cause climate instability which is bad for crop.Food price are affected by accelerating demand for biofuels. Biofuels, made from food crops such as corn, sugar cane, and palm oil, are seen as easing the world's dependence on gasoline. But when crude oil is expensive, these alternative energy sources can also be sold at higher price. Last year a quarter of the US maize crop was turned into ethanol to fuel vehicles. US supplies more than 60% of the world's maize exports. According to the World Bank, this is putting pressure on countries' food supplies.
The worldwide food reserves are at their lowest in 35 years. Demand is growing much more than supply.How to solve For short term, massive government and international agency aid is needed especially from rich nations. For long term, there should be incentives to increase food production. Relative price fluctuations are an unavoidable part of an efficient economy. This becomes worrying when some people are so poor that a small rise in price becomes a life and death question for them.
The rice is made by mixing potatoes, sweet potatoes and plastic; the potatoes are formed into the shape of rice grains to which industrial synthetic resins are added. The Chinese Restaurant Association stated that eating three bowls of this fake rice would be like eating one plastic bag. As food continues to become scarce around the world, it's likely we will see much more of these "fillers" being added to our food.
Extreme weather, the bee colony collapse (bees pollinate some 90% of the world's commercial crops), the collapsing dollar, the recent Food Safety Modernization Act, rising oil prices, increased soil pollution (the aluminum in the chemtrails being sprayed has contaminated soil, killed plants, and made much of the world's soil sterile) and the GMO giants needing to complete their takeover of the world's food-with all these things working together, we may see a food crisis of truly epic proportions in the very near future.
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