Not by Fire but by Ice

THE NEXT ICE AGE - NOW!

     Email Robert      l     Reviews     l      Order Not by Fire     l     Order Magnetic Reversals      l      Dissenters      l       Recent articles 

Discover What Killed the Dinosaurs . . . and Why it Could Soon Kill Us

 
Google
 
Web www.iceagenow.com
BACK TO HOME PAGE
   



Forbes speculates on massive food crisis in 2011

A bigger shock than $150 oil
 

 

                       page delimiter
  

27 Oct  2010 - "Food prices are high and going higher," says Addison Wiggin in this article in Forbes.

"Here’s what’s happened to some key farm commodities so far in 2010..."

  • Corn: Up 63%

  • Wheat: Up 84%

  • Soybeans: Up 24%

  • Sugar: Up 55%

The rise has now gone into overdrive, says Wiggins, who blames two factors…

  • "Aug. 5: A failed wheat harvest prompted Russia to ban grain exports through the end of the year ... (then) through the end of 2011. Drought has wrecked the harvest in Russia, Ukraine and Kazakhstan – home to a quarter of world production.
     

  • "Oct. 8: For a second month running, the Agriculture Department cut its forecast for US corn production. The USDA predicts a 3.4% decline from last year. Damage done by Midwestern floods in June was made worse by hot, dry weather in August.

What if there’s a Russia-scale crop failure in the United States,  asks Wiggins.

“When we have the first serious crop failure, which will happen,” says farm commodity expert Don Coxe, “we will then have a full-blown food crisis” – one far worse than 2008.

“I believe the next food crisis – when it comes – will be a bigger shock than $150 oil.”

If I'm right about the coming ice age, food prices could skyrocket far more than Mr. Coxe is now imagining.

During the last Little Ice Age, literally millions of people died of starvation. People dreaded going to prison because they might become part of the menu. There are even reports of parents eating their own children.

See entire article, along with suggestions on how to invest defensively:
http://blogs.forbes.com/greatspeculations/2010/10/27/the-food-crisis-of-2011/
Thanks to William Sellers for this link

 





.
.

BACK TO HOME PAGE

Order Book I Q & A I Book Reviews I Plant Hardiness Zone Maps I Radio Interviews I Table of Contents I Excerpts I Author Photo I Pacemaker of the Ice Ages I Extent of Previous Glaciation I Crane Buried in Antarctic Ice Sheet I Ice Ages and Magnetic Reversals I It's Ocean Warming I E-Mail Robert at rwfelix@juno.com l Expanding Glaciers