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Old 10-14-2006, 09:06   #1
mugwump
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Food Supplies and Foreign Policy

Maybe China doesn't have us over a barrel after all. Home-grown rice is insufficient to feed their 1.3Bn and they've come to depend on imports of wheat and corn for subsistence...Grain stockpiles at lowest for 25 years
The world’s stockpiles of wheat are at their lowest level in more than a quarter century, according to the US Department of Agriculture, which on Thursday slashed its forecasts for global wheat and corn production.
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Old 10-14-2006, 09:14   #2
The Reaper
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I saw that.

I thought that it might have implications for some of our global competitors.

How you gonna keep 'em down on the farm, after they've seen Peking?

A very large part of this is due to crop failures in Australia and to a lesser degree by diversion of US corn into the ethanol production system.

Anywhere there is population pressure and inadequate domestic food production, our leverage has just increased. Unfortunately, I fear that we are not smart enough politically to take advantage of it.

TR
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Old 10-14-2006, 11:12   #3
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Unfortunately it is also a reason for expansion.
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Old 10-14-2006, 11:54   #4
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Farmers are already moving against The Man over there. This won't help.




Shit on the guys who got you into power and reap the consequences.
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