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Posts Tagged ‘corn’

India says Monsanto covertly, illegally conducted GM corn trials without approval

March 24, 2011 Comments off

naturalnews.com

(NaturalNews) Recent reports out of India say that multinational biotechnology giant Monsanto has once against skirted the law by clandestinely planting its genetically-modified (GM) corn without receiving approval to do so. Nitish Kumar, chief minister of the Indian state of Bihar, recently wrote a letter to India’s environment minister Jairam Ramesh explaining the situation. Just days earlier, Ramesh had denied Monsanto permission to plant the crops at all.

When he discovered that Monsanto had schemed with India’s Genetic Engineering Approval Committee (GEAC) and the Indian Council for Agriculture Research (ICAR) to plant genetically-modified (GM) corn without official approval, Read more…

The Causes of Rising Food Prices

March 17, 2011 Comments off

thenewamerican.com

Food prices are rising quickly around the world. Part of the problem is weather. The winter wheat crop in China has been poor. Australia has suffered floods, while Russia has undergone a drought. The earthquake and tsunami in Japan, no doubt, will hammer the very intensive agricultural production of the limited arable land on that archipelago. Weather-related agricultural problems, however, balance out fairly quickly. Mythical “global warming” aside, weather has ups and downs, and farmers, who are smart folks, take that into account. The Soviet Union, whose vassal state the Ukraine was once one of the best farmlands on earth, never managed to feed its people well, because a communist-controlled economy destroys Read more…

People Of Earth: Prepare For Economic Disaster

March 9, 2011 Comments off

theeconomiccollapseblog

It is not just the United States that is headed for an economic collapse.  The truth is that the entire world is heading for a massive economic meltdown and the people of earth need to be warned about the coming economic disaster that is going to sweep the globe.  The current world financial system is based on debt, and there are alarming signs that the gigantic global debt bubble is getting ready to burst.  In addition, global prices for the key resources that the major economies of the planet depend on are rising very rapidly.  Despite all of our advanced technology, the truth is that human civilization simply cannot function without oil and food.  But now the price of oil and the price of food are both increasing dramatically.  So how is the current global economy supposed to keep functioning properly if it soon costs much more to ship products between continents?  How are the billions of people that are just barely surviving today supposed to feed themselves if the price of food goes up another 30 or 40 percent?  For decades, most of the major economies around the globe have been able to Read more…

Wikileaks: GMO conspiracy reaches highest levels of US Government

February 26, 2011 79 comments

WikiLeaks Wikileaks: GMO conspiracy reaches highest levels of US GovernmentRecent Wikileaks cables are typically associated with information leaks related to U.S. war strategy, and foreign policy, which has led some people to conclude that leaked information of this nature is a possible threat to national security.

But in this case, Wikileaks cables leaked information regarding global food policy as it relates to U.S. officials — in the highest levels of government — that involves a conspiracy with Monsanto to force the global sale and use of genetically-modified foods.

In 2007, then-U.S. ambassador to France Craig Stapleton conspired to retaliate against European countries for their anti-biotech policies. U.S. diplomatic cables released by WikiLeaks reveal the Bush administration formulated battle plans to extract revenge against Europe for refusing to use genetically modified seeds.

In the leaked cable, Stapleton writes: “Europe is Read more…

Control over your food: Why Monsanto’s GM seeds are undemocratic

February 24, 2011 Comments off

Large biotech agribusinesses like Monsanto control much of the global seed market with genetically modified (GM) crops. This centralization of GM seeds threatens food safety, food security, biodiversity, and democratic ideals.

By Christopher D. Cook / February 23, 2011

www.csmonitor.com

Question: Would you want a small handful of government officials controlling America’s entire food supply, all its seeds and harvests?

I suspect most would scream, “No way!”

Yet, while America seems allergic to public servants – with no profit motive in mind – controlling anything these days, a knee-jerk faith in the “free market” has led to overwhelming centralized control of nearly all our food stuffs, from farm to fork.

The Obama administration’s recent decision to radically expand genetically modified (GM) food – approving unrestricted production of agribusiness biotech company Monsanto’s “Roundup Ready” alfalfa and sugar beets – marks a profound deepening of this centralization of food production in the hands of just a few corporations, with little but the profit motive to guide them.

IN PICTURES: From Field to Fork: The foreign and domestic food chain

Even as United States Department of Agriculture (USDA) officials enable a tighter corporate grip on the food chain, there is compelling evidence of GM foods’ ecological and human health risks, Read more…

Rising world food prices may soon hit Africa hard, but could be a future boon

February 21, 2011 1 comment

Damaged rice is seen in a paddy field destroyed by flood- waters near a village in Manmunai West in Batticaloa district, about 199 miles east of Colombo, Sri Lanka, on Jan. 26. The floods inundated rice paddies, and according to the UN Food and Agriculture Organization, at least 15.5 percent of the main annual rice harvest could be lost.

Andrew Caballero-Reynolds/Reuters

Johannesburg, South Africa

Global food prices reached a historic high last month, a fact that may cause even the most comfortable of Americans to cinch in their belts and cut back on spending.

But what about the world’s poor?

“Global food prices are rising to dangerous levels and threaten tens of millions of poor people around the world,” World Bank Group President Robert Zoellick said Tuesday as he announced the bank’s findings that about 44 million people in developing countries have been pushed into poverty since Read more…

The Fed is Wrong About Commodity Prices

February 17, 2011 Comments off

Author: David Weinstein

I imagine he has to say it, but Bernanke is wrong when he says US monetary policy has nothing to do with international commodity prices. At the height of the Egyptian crisis, which was partly driven by rising food prices, Bernanke couldn’t say, “Oh yea, US policy economic policy is part of the problem in Egypt.” This attitude, however, is both prevalent and respected, and it’s largely wrong.

First of all, commodities as a group are not commoditized – they are not all the same. For instance, the amount of gold in the world is largely fixed relative to annual gold production. Along with its historical position as a store a value, Gold’s consistent volume about ground is a primary reason for its currency-like quality; i.e. almost entirely driven by overall liquidity. Corn production, on the other hand can vary greatly from year to year given the amount of land devoted to it and the weather. Oil is somewhere in the middle because production can vary, but the worlds known reserves are relatively fixed. The resulting differences in price volatility have been studied ad nauseam and are most simply articulated by the so-called ‘cob-web model’ (see chart below).

Very simply put: Read more…

World Bank: Food prices at “dangerous levels”

February 16, 2011 Comments off

Global food prices have hit “dangerous levels” that could contribute to political instability, push millions of people into poverty and raise the cost of groceries, according to a new report from the World Bank.

The bank released a report Tuesday that said global food prices have jumped 29 percent in the past year, and are just 3 percent below the all-time peak hit in 2008. Bank President Robert Zoellick said the rising prices have hit people hardest in the developing world because they spend as much as half their income on food.

“Food prices are the key and major challenge facing many developing countries today,” Zoellick said. The World Bank estimates higher prices for corn, wheat and oil have pushed 44 million people into extreme poverty since Read more…

Fresh produce prices to double or triple following freak freezes – is Earth in a magnetic pole shift?

February 15, 2011 Comments off

In an article posted on January 3 of this year, I predicted a rise in food prices resulting from freak weather events (http://www.naturalnews.com/030903_p…). Here’s what I said in that article:

By the end of 2012, I predict significant food supply disruptions in North America, brought about either by radical weather affecting crop yields or perhaps the invasion of disease indirectly caused by the over-use of pesticides or GMOs. The number of people in America struggling to feed themselves and their families will rise along with food prices. …Expect to see food prices climb with alarming speed over the next two years. While food won’t disappear, it will become significantly more expensive, causing more people to shift to subsidized foods (corn, sugar, etc.) which also happen to be some of the worst foods for your health.

Now there’s news from Mexico that the fresh produce normally shipped to U.S. grocery stores has been largely destroyed by the freak cold weather snap that struck the continental United States over the past 10 days. As a result, prices on cucumbers, zucchini, peppers, tomatoes and asparagus are set to double or triple starting right now.

Even worse, it looks like the supply of many of these items will be completely wiped out. You won’t be able to buy them, in other words, at any price!

This is the fallout from the worst freeze event recorded in Read more…

The supply of corn keeps getting smaller

February 14, 2011 Comments off

675 million bushels of corn may seem like a lot, but that is only an 18 day supply for the US grain market, and that is the reason corn prices pushed above $7 Wednesday on the CME. March corn did not close above that level, but settled at $6.98 per bushel following USDA’s February Supply and Demand report that indicated the ethanol industry was refining corn faster than previously thought.

Corn, beans and wheat prices have all been rising, but so has the price for ethanol. A year ago, ethanol was in the $1.70 per gallon range, but Wednesday closed at $2.457 per gallon, the highest it has been since the early summer price spike in 2008 when it exceeded $2.80 per gallon.

The result of the ethanol industry’s demand for corn tightens down the supply, says University of Missouri marketing specialist Melvin Brees. In his Crop Report Commentary Brees says USDA economists raised corn use by 70 million bushels and 50 million of that was added to Read more…