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USDA: Food prices to rise further during rest of 2011
World instability+Food Prices+Oil+Floods+Droughts+Inflation=A Hungry and Broke You/Me
A federal study finds food prices will take a bigger bite out of Iowans’ food budgets this year. Rick Volpe, an economist with the U-S Department of Agriculture, says a trip to the grocery store will mean either less food in your cart or less money in your wallet.
“It will be hard to pay roughly the same amount you paid in 2010,” Volpe says. “There is no question that the food budget is going up for a lot of households.” Volpe says the highest price hikes will be seen in the supermarket’s meat and dairy cases.
“We’re forecasting a seven-to-eight-percent increase in retail beef prices and six-and-a-half to seven-and-a-half for pork,” he says. “Your milk, yogurt and cheese, we are forecasting about a five-percent increase.”
Volpe says there are several reasons for the hike in food prices but the rising cost of fuel is foremost. Triple-A-Iowa says the Read more…
FEMA to confiscate food from local farms in emergencies?
Since our nation’s founding the federal government has, in times of emergency, claimed extra-constitutional powers and authority. Under the guise of acting in the public’s best interests, Washington has taken away privacy rights, free speech, and habeas corpus, among others. There’s no reason to think it wouldn’t happen again.
With that in mind, would it surprise you to find out that if disaster strikes in your part of the country, the federal government is prepared to take over local food supplies, in part by confiscating farms?
It shouldn’t, says “Farmer Brad,” a Texas-based farmer who said in an interview about food security with Mike Adams for Natural News TV that during Hurricane Katrina, an inventory of local farms and what they produced was conducted by the Federal Emergency Management Agency.
“FEMA was doing an inventory of all the farms around … metroplexes,” he said, which included nearby Houston and other large cities. “They started calling up farms and wanted to know where farms were, and they were being prepared to maybe take food if they need to, from farms, you know, for a crisis like that.”
Brad, of HomeSweetFarm.com, said that while the agency didn’t come right out and say they would confiscate crops and cattle, Read more…
Grains Wilt in Dry Europe as England Posts Its Hottest April in 352 Years
Dry, warm weather in Europe may reduce global wheat stockpiles already expected to fall 7.6 percent in the year that ends on May 31, the biggest decline since 2007. Photographer: Simon Dawson/Bloomberg
Dry weather in France and Germany and England’s hottest April in at least 352 years are threatening crops across the European Union, producer of a fifth of the world’s wheat.
About 20 percent of average rain fell in the U.K. in April after a dry March, further reducing soil moisture, the Home- Grown Cereals Authority, an industry group, said in an e-mailed report. European wheat and rapeseed crops are “in jeopardy” after an “incredibly dry” April, according to agricultural weather forecaster Martell Crop Projections.
Dry, warm weather in Europe may reduce global wheat stockpiles already expected to fall 7.6 percent in the year that ends on May 31, the biggest decline since 2007. Food prices reached a record in February, driving 44 million people into poverty, and wheat consumption may rise to an all-time high this year. The world “cannot afford” for Europe’s crop to be diminished, Abdolreza Abbassian, a senior economist at the United Nations’ Food and Agriculture Organization, said last month.
“The world needs a bumper crop in all grains from the U.S. and from Europe and from Canada or we are in trouble,” Dennis Gartman, an economist and author of The Gartman Letter, said today by e-mail. “The winter wheat crop here is in trouble, and the spring wheat crop in the Dakotas and the Canadian prairies may be very badly delayed and therefore in Read more…
Texas Wildfires Threaten Wheat Crop, Drive Food Prices Higher
As firefighters from around the country and the National Guard continue to battle the many blazes scattered across the state, with no immediate end to the crisis in sight, the future looks bleak for Texas farmers. Many farmers’ fields were already damaged by drought, and now some crops have been further harmed by smoke or entirely destroyed by flame.
Some agricultural experts are now predicting that Texas will lose two thirds of this year’s wheat crop to drought and Read more…
Disease hits wheat crops in Africa, Mideast
PARIS — Aggressive new strains of wheat rust disease have decimated up to 40 percent of harvests in some regions of north Africa, the Middle East, Central Asia and the Caucasus, researchers said Wednesday.
The countries most affected are Syria and Uzbekistan, with Egypt, Yemen, Turkey, Iran, Morocco, Ethiopia and Kenya also hit hard, they reported at a scientific conference in Aleppo, Syria.
“These epidemics increase the price of food and pose a real threat to rural livelihoods and regional food security,” Mahmoud Solh, director general of the International Center for Agricultural Research in the Dry Areas (ICARDA), said in a statement.
In some nations hit by the blight, wheat accounts for 50 percent of calorie intake, and 20 percent of protein nutrition.
“Wheat is the cornerstone for food security in many of these countries,” said Hans Braun, director of the International Maize and Wheat Improvement Center (CIMMYT), near Mexico City, singling out Syria.
“Looking at the political and social situation, what they don’t need is a food crisis,” he told AFP by phone.
Wheat rust is a fungal disease that attacks the stems, grains and especially the Read more…
World Bank president: ‘One shock away from crisis’
The president of the World Bank has warned that the world is “one shock away from a full-blown crisis”.
Robert Zoellick cited rising food prices as the main threat to poor nations who risk “losing a generation”.
He was speaking in Washington at the end of the spring meetings of the World Bank and International Monetary Fund.
Meanwhile, G20 finance chiefs, who also met in Washington, pledged financial support to help new governments in the Middle East and North Read more…
Surging Food Prices Could Thrust Millions Into Poverty In Emerging Europe: World Bank
WASHINGTON, April 16 (Bernama) — The recent price hikes in food and energy could push more than five million people in Eastern Europe and Central Asia into poverty, reports the China’s Xinhua news agency, quoting World Bank’s official.
Yvonne Tsikata, the director for Poverty reduction and economic management of the World Bank’s Europe and Central Asia region said: “The poorest people in the region will suffer the most from the high food and energy price inflation, which reduces their purchasing power’.
She said that the region’s poor often spend half of their income on food, and Read more…
Warning of Recurring Food Crises
Soaring and volatile food prices have experts warning of recurring food crises, putting poor people – especially women and children – at risk.
Similar conditions existed during the 2007/2008 food crisis, when high prices and shortages ignited unrest in many countries around the world.
IFPRI, the International Food Policy Research Institute, is calling for urgent action to prevent a repeat of the crisis. Director-General Shenggen Fen says, “Many food items have become more expensive…since last May or June. Wheat prices have almost doubled. The maize price has also increased substantially. Many meat products, dairy products have also increased substantially.”
While the situation is not as serious as the food crisis three years ago, Fen says, “If we don’t take urgent actions, food prices will continue to rise and the poor people will suffer.”
What’s triggering the price hikes? Read more…
Japan nuclear crisis on edge as toll of dead or missing surpasses 21,000 Radiation traces found in food and water
TOKYO — Japan hoped power lines restored to its stricken nuclear plant may help solve the world’s worst atomic crisis in 25 years, triggered by an earthquake and tsunami that also left more than 21,000 people dead or missing.The Asian nation’s people are in shock at both the ongoing battle to avert deadly radiation at the six-reactor Fukushima plant and a still-rising death toll from the March 11 disaster.
The world’s third largest economy has suffered an estimated $250 billion of damage with entire towns in the northeast obliterated in Japan’s darkest moment since World War Two.
Tokyo’s markets are closed for a holiday on Monday.
Elsewhere, investors will be weighing risks to the global economy from Japan’s multiple crisis, along with conflict in Libya and other unrest in the Arab world.
Easing Japan’s gloom briefly, local TV showed one moving Read more…
Japan crisis: ‘There’s no food, tell people there is no food’
The unshaven man in a tracksuit stops his bicycle on the roadside and glances over his shoulder to check that he is unobserved. Satisfied, he reaches quickly into the sludge-filled gutter, picks up a discarded ready-meal and stuffs it into a plastic carrier bag.
In another time, another place, Kazuhiro Takahashi could be taken for a tramp, out scavenging for food after a long night on the bottle. In fact, he is just another hungry victim of Japan’s tsunami trying to find food for his family.
“I am so ashamed,” says the 43-year-old construction worker after he realises he has been spotted. “But for three days we haven’t had enough food. I have no money because my house was washed away by the tsunami and the cash machine is not working.”
If his haul wasn’t so pitiful — his bag had two packets of defrosted prawn dumplings and a handful of Read more…
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