The global food crisis

I know, your going to post a flood of links to blogs as sources.
And wonder why no one can take you serious.
At NO time"this year' were the US wheat reserves below 8.3 Million Metric Tonnes

 

what does that have to do with reserves? nothing.. reserves are in case of a major crop failure. or of course to manipulate the price..

supply and demand mean nothing in the context of a major crop failure..

 

thats NOTHING in context.

 

The wheat shortage is WORLDWIDE.

 

Be fair, I read your links try reading mine.

If you had you would have seen how much "beginning stocks" the US has "reserves".

BTW,2009 even tho production is down it still will be the 2nd largest harvest on record.

 

How come Wheat prices don't reflect that? Did you notice it's down 50% from last year?

 

estimates mean nothing till the harvest is out of the field..

 

That's why i posted a link to Harvest Reports, not estimates.

Links to blogs are a waste of time, for you and me.

 

NM, why bother. Keeping a 4 month supply is something.

 

China



Link

If you look at the graph and read the first link you would see China has enough Wheat reserves for about 4 months.

 

4 months IMO isnt nearly enough. obviously it is to you. i really dont know what else to say here..

 

Well it's a hell a lot more than the zero.

On a national level that's pretty damn good, IMO.

 

if they would have went through with the sale to ccc it would have been near zero. i was not aware it was canceled.

my whole point was and is, if you have a 30% or more failed harvest in the northern hemisphere you have price spikes and shortages,you have a bad harvest the following year and you have catastrophe.

it could happen,if they dont get a handle on the wheat blight it could happen sooner than any of us care to imagine.

 

So HH the fact that you got conned the last 257 times someone told you the world was going to end doesn't make you any more sceptical when the 258th time rolls around?

 

what are you talking about?

 

There's always next year, chin up

 

sooner or later it will happen. history will repeat itself and mother nature will cull we humans..

 

WTF are YOU talking about, it's way more than 258

 

It's actually potato stocks that I worry about, I have a wheat intolerance.

 

im sure when it comes it will be lots of crops failing at once. usually disease or bad weather affects more than just one thing..