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Population, Food, Oil … Collision?
World population and growth
Factoring the net birth minus death rate in the world each year, the annual increase to world population is about 75 million people. The current world population is about 6,900,000,000, or 6.9 billion.
Annually, we add to the planet the equivalent population of any of the following scenarios,
- New York City (9 of them!)
- Los Angeles (20 of them!)
- Chicago (27 of them!)
- San Francisco (94 of them!)
- Boston (117 of them!)
- Unites States of America (25 percent of the country!)
When you think about it, this is a startling number. And that’s in just one Read more…
Russian volcano activity causes global concern
Now the world has something else to grip about when it comes to Russia – the weather.
A string of volcanoes on Russia’s eastern seaboard of Kamchatka have been unusually active for the last six months. The dust they threw up diverted winds in the Arctic, pushing cold air over Europe and North America and causing the unusually cold winter this year, say scientists.
The volcanoes (160 in total, of which 29 are active) are still on the go and could create more problems this year, depressing harvests around the world just as global food prices soar and Read more…
South African Corn Rises as Dry Weather Stresses Argentina Crop
Corn in South Africa advanced as dry weather continues to stress crops in Argentina, the world’s largest shipper of the grain after the U.S., raising concerns that global stockpiles may be depleted.
White corn for March delivery, the most active contract on the South African Futures Exchange, gained 28 rand, or 2.2 percent, to close trade at 1,328 rand ($194) a metric ton. Meal made from the grain is the country’s staple food.
Argentina will continue to have a rainfall deficit in the seven days from yesterday, Telvent DTN Inc. said in a forecast. The lack of rain, combined with above-normal temperatures, will stress pollinating corn and developing soybeans, it said.
Yellow corn for March delivery advanced 36 rand, or 2.6 percent, to 1,442 rand a ton. The grain is used mainly as animal feed in South Africa.
Wheat for March delivery fell 1 rand to 2,888 rand a ton.
Gains or losses for the most active contracts of three additional crops today were as follows. All prices are in rand and the crops are sold per ton:
Today’s Price Previous Close % Change Sunflowers 4,219 4,186 +0.8 Soybeans 3,320 3,270 +1.5 Sorghum 1,500 1,500 0.0



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