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The following article was published in our article directory on November 11, 2010.
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Food Crisis is Not an Alarmist

Article Category: Business

Author Name: Amanda xzh

As the worldwide economic recession bottomed out of the financial crisis, a new and more serious issue has become increasingly prominent - food security. By speculation, supply and demand imbalance, a weak dollar and the stimulation of natural disasters and many other factors, the most recent international market, rice, wheat, corn and other agricultural commodity prices rose and set a stage turns high.

Experts have pointed out, States must take comprehensive and effective measures to prevent a new round of food crisis. For this reason, be held in South Korea Group of Twenty (G20) leaders also made it clear to the Fifth Summit of food security and stability of grain prices on the agenda, highlighting the importance of the issue.

Food crisis is not an alarmist

Recently, the sharp rise in prices of agricultural products to become a topic of concern ordinary people. However, throughout the world, especially the food commodity price volatility, more than just a phenomenon unique to China, but has become a worldwide problem and focus.

Cause of concern to all sectors of the food problem, the first exception is the rising prices of related products. Such as wheat, beginning in August of this year, the granary of the Russian wheat export ban will be implemented in the news, in the international wheat market set off a storm waves. By this stimulus, in August this year, international wheat prices in 50 years was the most dramatic rise in the benchmark Chicago Board of Trade U.S. soft red winter wheat futures once daily limit of 23 months to hit its highest level in 80% higher than in June. Today, nearly two years in Chicago wheat prices to remain high. In the rice market, the major rice producing countries of Thailand, the United States appeared in succession cut, the recent upward pressure on international rice prices high. Many experts predict that the next few months, international rice prices are likely to be high.

Not only wheat and rice, other types of agricultural prices are rising rapidly, including soybeans, corn, sugar, oats. Some market participants noted that, if we look at the overall increase, prices of agricultural products after this round of rising trend from 2007 to 2008 food crisis. Food and Agriculture Organization recently released "World Crop Prospects and Food Situation" report said that since July this year, international wheat prices soared 60% -80%, corn prices rose about 40%.

Academy of Social Sciences recently sponsored the "China Social Science Forum", United Nations University World Institute for Development Economic chief economist pointed out that human society is suffering from the financial crisis, including climate crisis and food crisis "triple crisis" impact. First, the international financial crisis, weak market demand, export price cuts, reduce the private financial flows; Second, the current climate change is still increasing, greenhouse gases continue to increase, along with air temperature and sea level rise, and its severity over previously expected; Third, the global impact of rising food prices, malnutrition and hunger is on the rise. "Triple crisis" superimposed on each other and influence each other in the global economy is undergoing profound changes, and could have a serious impact.

As the most important grain market suppliers and consumers, one of a recent U.S. warning also extraordinary attention. U.S. Department of Agriculture announced in October, significantly reduced grain production forecast, warning that stocks of corn and barley will be "significantly down", with the U.S. corn stocks will reach 14-year low.

This warning so many people worried that the food crisis could repeat itself two years ago, when farm prices have hit record highs, many developing countries, resulting in economic and social unrest. FAO's senior economist Abba Louisiana that the United States Department of Agriculture revised forecast of food production, showing that the current global food supply situation is very fragile.

About the Author: I am a editor, http://www.hardware-wholesale.com provides razor blades gillette,skid steer tires, welcome to visit!

Keywords: razor blades gillette,skid steer tires,inflatable outdoor toys,

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