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Drought 2012: U.N. Now Warning of Looming Food Price ‘Catastrophe’

Sep. 5, 2012 3:45pm Becket Adams

Droughts in the U.S. have forced the U.S. Agriculture Department to slash its forecast for the nation’s corn crops to only 10.8 billion bushels, the lowest amount since 2006, TheBlaze reported last month.

“If that estimate holds, the federal government says it will be enough to meet the world’s needs and avoid shortages, but experts say food prices will almost certainly climb as corn is an ingredient in many products,” the AP reported.

These droughts, other global environmental events, and the food shortages they have caused have U.N. officials scared enough to warn that the world may soon face a food price “catastrophe.”

“We need to act urgently to make sure that these price shocks do not turn into a catastrophe hurting tens of millions over the coming months,” the Food and Agriculture Organization of the United Nations FAO, the International Fund for Agricultural Development, and the World Food Programme said in a statement yesterday.

“We need to remain vigilant and prepare for the worst in the short run, while working on sustainable solutions for the long haul,” the statement adds.

The agencies claim poor and food import-dependent countries would be hit hardest by spikes in raw food commodities. They also argue world leaders need to take immediate action, including investing “much more in agriculture and social protection, including programmes that help poor people to access food that has become unaffordable in their local markets.”

“Until we find the way to shock-proof and climate-proof our food system, the danger will remain. In the short term, this has costs, not only for those directly impacted, but also for the international community at large,” the statement reads.

“For instance, the World Food Programme (WFP) estimates that every 10 per cent increase in the price of its food basket means it has to find an extra $200 million a year for food assistance,” it adds.

The statement also says countries should avoid “panic buying” and export restrictions.

But here’s where some of their concrete solutions come in [emphasis added]:

Lastly, we also need to review and adjust where applicable policies currently in place that encourage alternative uses of grains. For example, adjusting biofuel mandates when global markets come under pressure and food supplies are endangered has been recommended by a group of international organizations including FAO, IFAD, the International Monetary Fund, the Organisation for Economic Co-operation and Development, the UN Conference on Trade and Development, WFP, the World Bank and the World Trade Organization. That recommendation, made to the 2011 G20 summit in Paris, still stands today.

The recommendation to ease up on biofuel mandates isn’t exclusive to European leaders. In fact, that argument is taking place in Washington right now.

As mentioned previously on TheBlaze, one of the greatest threats the droughts and food shortages pose is the burden it will put on the cost of bringing goods to market. This is a threat not just to American consumers, but to consumers worldwide. Mandates requiring that fuel be mixed with a crop that has suffered greatly from the droughts will only drive that cost up.

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(H/T: Business Insider). Front page photo courtesy the AP. This story has been updated.

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Comments (104)

wisehiney
Posted on September 5, 2012 at 5:11pm
This is really working against the money printers. The drought and refinery outages are happening at a terrible time for oBUMMER weasel. The central banks know that they will be blamed for fuel and food price increases. They will not print until the markets drop enough to terrorize everyone. Pick up some of that “barbarous relic” when they drop, cause they will print shortly afterwards until their eyes bleed.
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- Gold Coin & Economic News
  Posted on September 5, 2012 at 5:38pm
  The UN let the cat out of the bag. Obama is trying to bankrupt the USA to teach us a lesson:
  http://www.isthatbaloney.com/economic-collapse-2012-yes-obama-is-bankrupting-the-united-states/
- turkey13
  Posted on September 5, 2012 at 7:20pm
  Here in Oklahoma the rest of the country calls us dumb Okies. In the town I live in in Southern part we have one gas station that has ethyonol gas. All the other stations advertize no Ethyonol gas. We saw seed corn go so high we can’t afford it and we know there will be shortages so we will eat it and not burn it in our cars. And yes we won’t get that touchy good feeling all the tree hugers get but we will have a full tummy. My 3 sons signed up under the CRP program not to grow crops so they are making money with this drought. They leased the grasing rights – what grass there was for $12 grand and the hunting rights for 10 grand. For the first time in 4 years they will make a profit.
  
  Report this comment
- wisehiney
  Posted on September 5, 2012 at 7:40pm
  Hey Turkey13, Do you know what they call pall bearers in OK?
  Carryokies!
  
  Report this comment
- ProbIemSoIver
  Posted on September 6, 2012 at 7:15am
  Drought???
  
  lol.
  
  Once you learn about HAARP, you know this is nothing but BS.
  
  Global Warming is Man Made !!!!
  
  It is made by the Global Elite to get their Agendas Passed. A new form of Debt slavery by taxation of Breathing, and paying for all the new “Clean Energy”.
  ( Just new government contracts for Politician’s friend’s Corporations to take more of your money )
  
  HAARP heats the Ionosphere to 100 degrees Fahenheit. This prevent clouds from reaching rain making heights.
  HAARP also can heat a small area of the Ozone to 50,000 degrees, creating a bubble in the atmosphere that can steer jet streams.
  
  Here is a 3 minute History channel Video clip, that substantiates my claims:
  http://www.youtube.com/watch?v=NgynYoVnkvM
  
  Report this comment
- ProbIemSoIver
  Posted on September 6, 2012 at 7:25am
  Yeah, I am going to call them Government Global Warming Stations.
  
  They were constructed to heat up the planet. Bottom line !!!!
  
  The largest Broadcasting station in the world plays no music.
  
  It justs emits radiation (ELF waves) to designated spots on the planet and heats up the ozone to 50,000 degress. Thats all !!!!
  
  Nothing to see here. Move along !!!
  
  Report this comment
- Watchingtheweasels
  Posted on September 6, 2012 at 9:18am
  >My 3 sons signed up under the CRP program not to grow crops so they are making money with this drought.
  
  You have three kids on welfare?
  
  Report this comment
UnreconstructedLibertarian
Posted on September 5, 2012 at 5:10pm
I haven’t been very quiet about what’s really going on out here. Nobody is listening. Its one of the real consequences of having less than 1% of a nation’s population growing food for the rest of the 99% + exports. The vast majority of the 1% are controlled in some capacity by Monsanto, Cargill, ADM, Tyson, IBP – et al. and are incapable of speaking out of turn without retribution. This is why you aren’t getting the whole truth about the drought.

Comicly tragic is the UN’s dictum ““Until we find the way to shock-proof and climate-proof our food system, the danger will remain.” Such statements are the epitomy of educated ignorance. Agriculture will never be “shock-proof” nor “climate-proof”. The UN nor the US will ever admit to the real reason this problem will reach the extreme that it will – their own policies, on all levels. Those policies took the most diverse and dispersed systems of food production imaginable – and turned them into highly concentrated and specialized compartments ripe for this kind of exaggerated “shock”.

I shudder to think what kind of solutions the UN and the US are considering? De-Kulacization? Holomordor of the Red States? Every single thing needed to do just that, is in place. Did you think those hollow points were bought to control political riots? Martial law will be called to prevent, “illegal food transfers”.

Folks, this is just the beginning.

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- dmforman
  Posted on September 5, 2012 at 5:24pm
  Agreed. My grandfather, a corn/soybean farmer, is rolling in his grave knowing that corn is used to make fuel that takes more energy to make a gallon of ethanol than a gallon of oil, when we are in a food shortage.
  
  Report this comment
- wisehiney
  Posted on September 5, 2012 at 5:37pm
  Place your orders for Soylent Green.
  
  Report this comment
- UnreconstructedLibertarian
  Posted on September 5, 2012 at 5:49pm
  I’m not opposed to ethanol per se. I am radicly opposed to ethanol as a subsidized, mandated, politically contrived industry. Ethanol production should have always been subject to real market forces, never shielded from the economy artificially. Ethanol itself is not a problem, government screwing with ethanol is a HUGE problem.
  
  I suspect all my grandfathers, all the way back, are breaking their teeth off in their graves by serious gnashing – just to think the government has interjected itsefl into the economy like this, and controlling it like they do to all our detriment.
  
  Soylent Yellow on tuesdays and thursdays.
  
  Report this comment
- wisehiney
  Posted on September 5, 2012 at 5:58pm
  We started farming at Jamestown 1612. Still do. The Golden Leaf that built this country. Some of my family still grow the very best Bright Leaf. How to fulfill my obligation to my ancestors? We will figure it out.
  
  Report this comment
- UnreconstructedLibertarian
  Posted on September 5, 2012 at 7:06pm
  Wisenhiney,
  
  God bless you. I’m from old Virginia stock, my namesake family showed up in Va. at 1630, grew and hauled that leaf across the Atlantic. After the Revolution, my branch relocated to TN on a war pension: grew tobacco and made gunpowder. We’ve been here since.
  
  I grew tobacco until 2003. Burley and Dark.
  
  Sic Semper Tyrannis!
  
  Report this comment
- wisehiney
  Posted on September 5, 2012 at 7:45pm
  Hey UNRECON, Bound to be kin somewhere. My seventh ggrandfathers son was the 2nd Sheriff of Wilson County. Some others settled on Stones River, etc. One rode with Old Hickory. And more. We have watched each other’s backs for a long time and will continue to do so. More so now.
  
  Report this comment
- wisehiney
  Posted on September 5, 2012 at 7:50pm
  UNRECON, Sounds like the tricklin’ Mississippi may be a big transport problem as well?
  
  Report this comment
- Elena2010
  Posted on September 5, 2012 at 8:22pm
  Aye, my family landed in Virginia in 1619. They were merchants who went to New England to make and lose fortunes LOL We’ve fought as patriots in every war Americans have waged.
  
  Report this comment
- wisehiney
  Posted on September 5, 2012 at 8:35pm
  El2010, One of my ancestor’s brothers helped other Puritans settle New Haven, CT. Lived there for two or three years before finally settling near the family business in Jamestown. I would bet our ancestors crossed paths.
  
  Report this comment
- wisehiney
  Posted on September 5, 2012 at 8:52pm
  Even more sure they fought side by side.
  
  Report this comment
- UnreconstructedLibertarian
  Posted on September 6, 2012 at 9:25am
  Wisehiney,
  
  The Mississippi is a problem. Hurricane Issac didn’t raise it enough to get the barges back out.
  
  If not kin, certainly our families have lived and fought along side each other for nearly 400 years. I’ve got your back – no doubt you’re still watching mine too. That’s why we’re here.
  
  My favorite ancestor, was the son of a man who fought with Francis Marion. That’s how he obtained a NC grant for land in TN. The father formally enlisted with Marion to fight at Guilford Courthouse. His son married an Indian in NC, and moved to Tennessee. The son went with Jackson to New Orleans and was allegedly a young scout with Jackson during the Revolution. When Jackson signed the “Indian removal Act”, the son and the mixed white/indian community in the area wrote Jackson a letter. It basicly said, “You know who we are and where we are. If you come to take our families, we’ll give you a dose of what we gave the British at New Orleans.” Jackson paid attention and by-passed the area.
  
  Later, Jackson was quoted in a conversation related to the infamous “Bell Witch”. Jackson said, “I’m more afraid of the people of a county bearing my own name, than I am of any witch”.
  
  You asked the question, “How do I fulfill my obligation to my ancestors?”. The answer is to remember them, remember what they stood for and the prices they paid for doing so. Then, do likewise so you too may be remembered. Deo Vindice.
  
  Report this comment
wisehiney
Posted on September 5, 2012 at 5:07pm
It does’nt matter. We can just go down to the grocery store and get some more.

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moreteaplease
Posted on September 5, 2012 at 5:04pm
Anonymous T. Irrelevant
Posted on September 5, 2012 at 4:29pm

Quit burning the food as fuel, and stop paying farmers to not grow food.

762×51
Posted on September 5, 2012 at 4:33pm

Sage advice, too bad no one in government is smart enough to follow it.
——————————————————-
It’s a shame that we peasants understand this yet our government runs around in a panic asking
” whatever shall we do? ” Try to listening to the people for a change; we are not as dumb as you think we are or wish us to be.

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- DRAGONSEED
  Posted on September 6, 2012 at 1:26am
  “Quit burning the food as fuel, and stop paying farmers to not grow food.”
  
  It would also help if they would stop doing ASININE stuff like SHUTTING OFF WATER TO FARMS in order to spare some dumb-a$$ed fish, or whatever the Lib-t*rds are so gung-ho to “protect.”
  
  http://hotair.com/archives/2012/02/29/obama-ill-veto-bill-that-will-provide-water-to-californias-central-valley/
  
  Report this comment
- EyeofthePatriot
  Posted on September 6, 2012 at 2:04pm
  @MORETEAPLEASE
  
  Although I’m SURE we agree on most policies, I disagree in the notion that they “do not know”. They do know, therefore they DO. It’s the useful idiots that take these messages and apply “the heart part” that disseminate these messages due to not knowing. Make no mistake, our Government DOES know.
  
  Report this comment
Lordcsmith
Posted on September 5, 2012 at 4:30pm
Gee, next there will be wars and rumors of wars……

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- watersRpeople
  Posted on September 5, 2012 at 4:53pm
  There’s already been wars and rumors of wars since the early 1900′s. That’s why know we are seeing more dire signs of the end, and evils coming from you don’t know where.
  
  Report this comment
- watersRpeople
  Posted on September 5, 2012 at 4:55pm
  We’re all gonna die!
  
  Report this comment
- watersRpeople
  Posted on September 5, 2012 at 4:59pm
  When I feel that mysterious tap on the shoulder I’m heading for the hills. Then after all the neighbors get done beating each other up, then I’m gonna come back down from the hills laying claim to all the owner-less stuff. It’s not as if they want to hear the truth or take uncomfortable action based on truth.
  
  Report this comment
- fixer
  Posted on September 5, 2012 at 5:08pm
  well,maybe 1 bushel of corn =1 barrel of oil.
  
  Report this comment
- Rickfromillinois
  Posted on September 5, 2012 at 5:57pm
  Please name a time in history when there HASN’T been wars and rumors of war.
  
  Report this comment
- Elena2010
  Posted on September 5, 2012 at 8:24pm
  Rick — after Octavian defeated Antony. It’s called Pax Romana and was a dictatorship.
  
  Report this comment
Anonymous T. Irrelevant
Posted on September 5, 2012 at 4:29pm
Quit burning the food as fuel, and stop paying farmers to not grow food.

Report this comment
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- 762x51
  Posted on September 5, 2012 at 4:33pm
  Sage advice, too bad no one in government is smart enough to follow it.
  
  Report this comment
- watersRpeople
  Posted on September 5, 2012 at 4:47pm
  Yes I’m sure they are going to listen to you whining. I mean haven’t they always done what you wanted them to do? But instead you’d just bury your head, and so I guess people deserve the pain coming.
  
  Report this comment
- watersRpeople
  Posted on September 5, 2012 at 4:48pm
  That’s the problem with there being too many dead people just walking around….like dead people do.
  
  Report this comment
- MeteoricLimbo
  Posted on September 5, 2012 at 5:08pm
  @watersRpeople
  Cheerios get pissed in again? I enjoy your eternally pessimistic comments, they make me realize how nice my life is.
  
  Report this comment
moreteaplease
Posted on September 5, 2012 at 4:26pm
“I gave you cleanness of teeth in all your cities, and lack of bread in all your places, yet you did not return to me,” declares the Lord. “I also withheld the rain from you when there were yet three months to the harvest; I would send rain on one city, and send no rain on another city; one field would have rain, and the field on which it did not rain would wither; so two or three cities would wander to another city to drink water, and would not be satisfied; yet you did not return to me,” declares the Lord. “I struck you with blight and mildew; your many gardens and your vineyards, your fig trees and your olive trees the locust devoured; yet you did not return to me,” declares the Lord.
Amos 4:6-9

For nation will rise against nation, and kingdom against kingdom, and there will be famines and earthquakes in various places.
Matthew 24:7

“Son of man, when a land sins against me by acting faithlessly, and I stretch out my hand against it and break its supply of bread and send famine upon it, and cut off from it man and beast,even if these three men, Noah, Daniel, and Job, were in it, they would deliver but their own lives by their righteousness, declares the Lord God.
Ezekiel 14:13-14

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- Elena2010
  Posted on September 5, 2012 at 4:31pm
  By George, I think he’s got it!
  
  Report this comment
Dismayed Veteran
Posted on September 5, 2012 at 4:23pm
“working on sustainable solutions for the long haul,”

I live in Nebraska. What we need is sustainable rain.

Maybe we can get a 3rd world shaman to do some type of ritual dance or spell to bring rain.

I guess this year we will not be the breadbasket for the world just the money basket.

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- Elena2010
  Posted on September 5, 2012 at 4:30pm
  Fast and Pray!
  
  Report this comment
ChiefGeorge
Posted on September 5, 2012 at 4:16pm
In this age, God has given us enough knowledge to be able to read the signs and take appropriate actions as in giving Joseph a dream to translate for the Egyptian Pharoah in which a 7 year drought was coming and they needed to prepare for in advance….this worked out well for Josephs people as well.

Another such situation is upon us and the church may take a ride into it for a period of time. Get your stocks and stores up and keep them up! You might be a refuge for others.

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- Elena2010
  Posted on September 5, 2012 at 4:23pm
  God also told us He would scorch the earth before the End. He was not specific how that would look or take place. We have been warned abt famines as well. All signs that the End is near.
  
  Turn back mortal man. Seek God! Confess your misdeeds and be healed!
  
  Report this comment
welovetheUSA
Posted on September 5, 2012 at 4:15pm
Another democrate lie……………..

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USlibertine
Posted on September 5, 2012 at 4:15pm
I liked what the person said in thread about becoming self sufficient. I better learn how to create a garden next fall. The NWO is clearly smelling blood and we are the meat.

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- PorkPIG
  Posted on September 5, 2012 at 4:25pm
  Start now , I tried to cutivate crops this year in crappy soil and had zero luck , I have been composting and dumping lawn clippings and snagging old hay on cl to build up the fertility of my soil in hope have good harvest next year .
  
  Report this comment
- 762x51
  Posted on September 5, 2012 at 4:32pm
  If you are just learning to create a garden, you are already dead.
  
  Report this comment
- msconstrue
  Posted on September 5, 2012 at 5:25pm
  @porkpig……..raised beds are your best bet for poor soil…lay them out in a north/south configuration for maximum sun……grass clippings, hay etc. are only marginal fertilizer and often times make your soil too pourous. for a beginning gardener, pre mixed garden soil is your best bet. invest in a soil testing kit, most plants are happiest at a neutral Ph
  when planting, group plants according to water and seasonal requirements. consider under planting your crops for maximum yield. at the end of the growing season, turn all left over stalks, etc under….in no time, you will be a great gardener!
  
  Report this comment
PorkPIG
Posted on September 5, 2012 at 4:11pm
The UN can STFU and GTFO of the USA.

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- 762x51
  Posted on September 5, 2012 at 5:07pm
  I second that motion.
  
  Report this comment
perry1980
Posted on September 5, 2012 at 4:11pm
Dems Motto : Never Ever waste a Crisis.

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elosogrande
Posted on September 5, 2012 at 4:09pm
How much of the $200 million that the U.N. claims they need will be stolen by U.N. officials and their fellow travelers throughout the world?

One of the claims by the Democrat Party is that millions of Americans go to bed hungry every night. Surely our government will not allow grain or other food stuffs to go to foreign countries, as long as people in America are “starving”. I know I wouldn’t let that happen, but The Democrats will…
if you re-elect them.

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randy
Posted on September 5, 2012 at 4:08pm
“If that estimate holds, the federal government says it will be enough to meet the world’s needs and avoid shortages, but experts say food prices will almost certainly climb as corn is an ingredient in many products,” the AP reported.

How about we stop this stupid Bio Fuels with corn then?

If Gov’t control’s the food supply, they control the people.

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- Elena2010
  Posted on September 5, 2012 at 4:25pm
  Just remember that Obama singed that Exec Order allowing him to invade your pantry and take your food. He will come for your supplies and give them to Kenyans — all about social justice, don’t you know!
  
  If you think he can’t or won’t, ask the Ukrainians if Stalin did not do that to them! Stalin sent troops to take all that the Ukrainians had and left them to starve. He killed millions of Ukrainians.
  
  Report this comment
- Elena2010
  Posted on September 5, 2012 at 4:31pm
  should be “signed” not “singed” — sorry spell checker won’t pick that one up! LOL
  
  Report this comment
walnutportconservative
Posted on September 5, 2012 at 4:05pm
We in America just laugh at such warnings HAh, Hahh
Why we have so much corn… We Burn it a fuel. Why we even use corn a kitty litter.
Did you forget…. America is God Blessed… Well she was… Oh don’t you never mind that DNC platform. What do they know?

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TheBurningTruth
Posted on September 5, 2012 at 4:04pm
“For instance, the World Food Programme (WFP) estimates that every 10 per cent increase in the price of its food basket means it has to find an extra $200 million a year for food assistance,” it adds.

There it is. They want more money from US to compete with US to buy OUR food. I’m fine with selling it on the open market, but I’m NOT fine with us giving others the money to increase competition against ME. I don’t remember the UN worrying about ENERGY dependent countries when the oil price increases. Oh, that’s because it hurts US and the US is NOT to be helped by the UN.

As for using food produced energy (ethanol), wasn’t that one of the big “Greenie” programs? Another case of not considering the consequences of their actions. Now they’ve got big agricultural businesses addicted to the subsidies (it was NEVER cost effective) and is politically untouchable.

Good thing they stopped the XL-Keystone pipeline or we’d soon have enough non-food based energy to free up all that corn for people to eat. Another “Greenie” program paying dividends!

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- ChiefGeorge
  Posted on September 5, 2012 at 4:13pm
  The middle east countries envy and covet Israel and the world envys and covets what the US has and has done in the world. We re being taken for fools! The American tax payer is viewed as an endless source of revenue which to tap into via social justice thinking. We want your government to tax you more because you have way more than anyone else in the world and thats not fair. See where we ar going? I remember when people were made to FEEL guilty about America haing so much that they supported government aid to other nations, even those nations who do not stand with us.
  
  Report this comment
Oneirishman
Posted on September 5, 2012 at 4:03pm
When America is taken down by the Commi in office the whole world that takes from America suffers. We are broke UN find another patsy!

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762x51
Posted on September 5, 2012 at 4:03pm
Ha, preppers have been expecting this for years. The source of the problem, i.e., weather cannot be known and is irrelevant. The problem is what we prep against, not the cause. A global food shortage is just the justification that our enemy government needs to complete the fundamental transformation of the United States. The criminals at the UN, in conjunction with the criminals in Washington, DC plan to rule us by whatever means is necessary and following the Raham Imanual Doctrine, will not let a good crisp go to waste.

If you are not prepared to provide all of your own food, water, shelter, medical and defense, you are already dead. Laugh if you want but when people cannot feed their children, the fight will be on.

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- ChiefGeorge
  Posted on September 5, 2012 at 4:19pm
  I’ve noticed since the early part of this year, that we have no contrails over Southern Ca which blow east. We normally have them everyday like before they suddenly stopped right after the major tornado outbreaks this year. After they stopped, we saw this massive drought appear. Are they connected? They appear to be. Can we manipulate the weather? Some say we can and have been for many years. Are we doing this to ourselves?
  
  Report this comment
- Elena2010
  Posted on September 5, 2012 at 4:28pm
  Chief — it’s the La Nina effect. This is a strong year for that.
  
  Report this comment
- 762x51
  Posted on September 5, 2012 at 4:35pm
  Chief – Seriously? Bong water is not a survival staple.
  
  Report this comment
Popp40
Posted on September 5, 2012 at 4:01pm
Well first we should never use our food supply as a fuel source…..that’s just common sense. But let’s be honest….this is just another attempt to push Agenda 21 through….we really need to dissolve the UN. I’m tired of supporting them. Read Screwed by Dick Morris and you will see just how bad the UN is.

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- Elena2010
  Posted on September 5, 2012 at 4:32pm
  Besides, sugar cane is far more efficient that corn at fermenting into ethyl alcohol.
  
  Report this comment
IMCHRISTIAN
Posted on September 5, 2012 at 4:00pm
Well, it sure hasn’t stopped the Obamacare crisis that will affect us all and future generations if it is not done away with. We will end up with a lack of doctors and long or no care if we don’t fit their agenda.

I do not mean the drought is not serious as it could be another crisis.

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Rayblue
Posted on September 5, 2012 at 3:58pm
It’s a catastrophe because of all the illegal mouths.
Among other reasons.

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Gonzo
Posted on September 5, 2012 at 3:57pm
This and many other signs are God’s judgement against a wicked land that has turned away from Him. It’s a wakeup call, repent and turn back to Him or gets worse. 3 2 1…let the mocking begin.

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- momrules
  Posted on September 5, 2012 at 4:31pm
  I agree with you 100% Gonzo. We have been warned but too many had rather dismiss God while expecting His bounty and patience to be everlasting..
  
  Report this comment
- Winedude
  Posted on September 5, 2012 at 9:55pm
  I don’t see anyone mocking you. There may be a few that feel a bit sorry for you but, no sir, I see nobody mocking you.
  
  Report this comment
Rothbardian_in_the_Cleve
Posted on September 5, 2012 at 3:49pm
Total garbage. Food prices are going up because Europe is about to print and the US is going to print faster while keeping interest rates at zero and using military strength to keep the US dollar in reserve status. Result? We export our inflation to the third world. Yes, Ben Bernanke starves African children. There I said it.

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- UnreconstructedLibertarian
  Posted on September 5, 2012 at 4:17pm
  We’re usually on the same page. In the matter of inflation and the effect that will have on food, no argument.
  
  However, the shortage is very real. In fact, I’d suspect the USDA’s estimate of 10.8 billion – to be a complete fabrication. Reality is drasticly lower. Over 30% of the corn crop is harvested already. What we’ve never seen before is that an amazing percentage of corn planted in the normal production window – doesn’t exist.
  
  Corn belt farmers don’t have as wide a window as southern farmers, they can’t switch to beans once committed to corn. Southern farmers opted to replant in beans. Some bean crops are good and some are bad as the drought became “skippy” later in the season down here, but we still can’t plant beans that late and make normal yields.
  
  Your scenario is very real, but will be compounded exponentially by an equally real shortage.
  
  Report this comment
- Rothbardian_in_the_Cleve
  Posted on September 5, 2012 at 4:54pm
  @URL,
  
  Sorry about that. Hyperbole gets the best of me sometimes and the satire doesn’t always come through my posts. Don’t mean to diminish the plight of the producers.
  
  Take care.
  
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- UnreconstructedLibertarian
  Posted on September 5, 2012 at 5:40pm
  Rothbard, my friend, no apology required.
  
  I was merely adding that your inflation analysis and the real shortage were going to combine into a perfect storm, the likes of which we’ve never seen. The shortage is a fact, we just don’t know how bad yet – but its not as rosy as the USDA is projecting. Your “printing” scenario is an absolute fact – its in process as we speak.
  
  I’m like everyone else, waiting to see the harvest completed. This is like predicting a hurricane, you know its going to hit, just not how bad.
  
  I’ll start shelling early Oct – we’re going to run about 40 bu/ac, that’s 100bu short. My beans on the other hand, could run 70+ bu/ac. We hit the abosolute best window on beans with the best variety for those conditions. Those beans are in the top 20% in my area, the rest will be around 30-40bu/ac I suppose, I’d better acquire a taste for tofu?
  
  Preach on, brother!
  
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progressiveslayer
Posted on September 5, 2012 at 3:46pm
The only catastrophe would be if the UN existed another day.

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- floridareader
  Posted on September 5, 2012 at 3:54pm
  USA need to get out of U.N., America needs to reclaim the piece of land where the UN building stands and USA needs to kick out U.N. from our land.
  
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- Rothbardian_in_the_Cleve
  Posted on September 5, 2012 at 4:00pm
  When the blue helmeted goons come to enforce martial law, where will they HQ at?
  
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- Snowleopard {gallery of cat folks}
  Posted on September 5, 2012 at 4:30pm
  @Progressive:
  
  I can all too easily see Obama using the food shortage projections to enforce more and more government control; he will probably mandate US harvests to go overseas w/o compensation to the farmers unless they agree to massive Federal controls.
  
  This is a perfect situation for the progressives to exploit to the uttermost limits they can.
  
  And the main one will be Agenda 21 of the UN.
  
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- 762x51
  Posted on September 5, 2012 at 4:30pm
  Rothbardian_in_the_Cleve
  Posted on September 5, 2012 at 4:00pm
  
  When the blue helmeted goons come to enforce martial law, where will they HQ at?
  
  I would recommend they HQ farther than 1 mile from the muzzle of my sniper rifle. It’s hell on 12″ steel gongs at that range, I’ll be spraying the gong blue from now on, just to get accustom to the sight picture.
  
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- UnreconstructedLibertarian
  Posted on September 5, 2012 at 5:58pm
  I just realized how prophetic southern history actually is.
  
  We’ve been sniping blue topped targets for at least 151 years.
  
  At least we’re well practiced, and they really won’t be that different in idealogy.
  
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