The food crisis will be the biggest crisis of the 21st century. It will push up food prices and spread hunger and poverty. Surging food prices will create inflation and create more crisis in the world. This will not only affect developing countries but also developed countries. According to United Nations World Food Programme (WFP), more than 73 million people in 78 countries who depend on food handouts are facing reduced rations this year.
High prices have caused food protests around the world like Mexico, India, Senegal, London, Mauritania and other parts of Africa. India, Mexico, Haiti, Philippines, Ethiopia, Indonesia and Yemen have seen food riots this year protesting the food crisis. Hardest hit of this crisis will likely be African countries, where many of the world's poorest nations are here. A lack of food as the primary needs of humans will cause riots, suicide and millions of people could die from it.
Prices Up All Over In 2010, the price of corn rose 63%, wheat rose 84%, soybeans 24% and sugar prices were up 55%. Some of the reasons for the increase in food prices included Russia's failed wheat harvest which resulted in a ban on grain exports through the end of 2011 (Russia exports a full quarter of the world's supplies of wheat). In America, Midwestern floods in June followed by hot, dry weather in August, caused the USDA to predict a 3.4% decline in corn production from 2009, causing further price spikes. Because the United States has routinely been blessed with record harvests, they have helped out other countries during times of drought.
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.
Martin Luther King once said, "Rarely do we find men who willingly engage in hard, solid thinking. There is an almost universal quest for easy answers and half baked solutions. Nothing pains some people more than having to think."The food crisis of 2008 will take more than just talk and gimmicks; it will require the world to be courageous in its thinking and fearless in its actions.he concepts that I have been teaching in my seminars for the past twenty years have used these two principles.
The two primary driver for the crisis is oil price and global warming. Oil price hike is mainly caused by geopolitical risk, not supply and demand. Political conditions affect oil production in Iraq, Nigeria, Venezuela, and Iran. Iraq is still struggling to recover from decades of war. Nigerian production is affected by attacks and sabotage. Venezuelan oil production has never fully recovered since December 2002, when political strife brought Venezuelan production to a halt. The key is to bring peace on those country.
Barnes Grand Blanc School.As you can see from the above statement it was just the opposite of the doubters. He was confident in his ideas and himself. You could say he was "fearless in his actions"No matter how much we turn our heads to it or pretend it is not happening, it won't go away. Ethanol can be made out of other commodities that wouldn't put a strain on our basic foods for example sugar cane, in which Brazil is doing. They are also the world's largest sugar producer and exporter and sugar doesn't compete with food.We have to get courageous in our thinking and fearless in our action and "take a bite out of the food crisis"
High prices have caused food protests around the world like Mexico, India, Senegal, London, Mauritania and other parts of Africa. India, Mexico, Haiti, Philippines, Ethiopia, Indonesia and Yemen have seen food riots this year protesting the food crisis. Hardest hit of this crisis will likely be African countries, where many of the world's poorest nations are here. A lack of food as the primary needs of humans will cause riots, suicide and millions of people could die from it.
Prices Up All Over In 2010, the price of corn rose 63%, wheat rose 84%, soybeans 24% and sugar prices were up 55%. Some of the reasons for the increase in food prices included Russia's failed wheat harvest which resulted in a ban on grain exports through the end of 2011 (Russia exports a full quarter of the world's supplies of wheat). In America, Midwestern floods in June followed by hot, dry weather in August, caused the USDA to predict a 3.4% decline in corn production from 2009, causing further price spikes. Because the United States has routinely been blessed with record harvests, they have helped out other countries during times of drought.
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.
Martin Luther King once said, "Rarely do we find men who willingly engage in hard, solid thinking. There is an almost universal quest for easy answers and half baked solutions. Nothing pains some people more than having to think."The food crisis of 2008 will take more than just talk and gimmicks; it will require the world to be courageous in its thinking and fearless in its actions.he concepts that I have been teaching in my seminars for the past twenty years have used these two principles.
The two primary driver for the crisis is oil price and global warming. Oil price hike is mainly caused by geopolitical risk, not supply and demand. Political conditions affect oil production in Iraq, Nigeria, Venezuela, and Iran. Iraq is still struggling to recover from decades of war. Nigerian production is affected by attacks and sabotage. Venezuelan oil production has never fully recovered since December 2002, when political strife brought Venezuelan production to a halt. The key is to bring peace on those country.
Barnes Grand Blanc School.As you can see from the above statement it was just the opposite of the doubters. He was confident in his ideas and himself. You could say he was "fearless in his actions"No matter how much we turn our heads to it or pretend it is not happening, it won't go away. Ethanol can be made out of other commodities that wouldn't put a strain on our basic foods for example sugar cane, in which Brazil is doing. They are also the world's largest sugar producer and exporter and sugar doesn't compete with food.We have to get courageous in our thinking and fearless in our action and "take a bite out of the food crisis"
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