Food
Crisis 2019: It’s
Looking Bad, Bad, Bad at a
Global Level
3
October, 2019
The
global food system is collapsing.
Be
ready for food and water shortages. Be prepared for food price
dramatic increase. Here some recent shocks on the global food system.
Unusually long-lasting
and deadly monsoons in India are
leading to widespread crop failures in the nation. India is one of
the top exporters of onions globally, selling 2.2 billion kilograms
overseas. After the prolonged monsoon rains, India has decided to ban
its onion export.
The extended monsoon has also damaged key kharif
crops,
including pulses, oilseeds and cotton, as well as soy beans in India.
Since September 2019, food prices have soared by more than 200% in
the country.
Australia will
be hit by unusually
high temperatures and dry weather in the next 3 months. And
this is really bad for its already struggling agricultural sector.
Australia’s wheat
exports are
in real bad shape and the future isn’t bright at all.
And
it is not looking better for Indonesia,
where wildfires,
smoke and drought are
inflicting an increasingly painful toll on its agriculture, hurting
everything from oil palm
plantations to
rubber trees and rice fields. Indonesia is the world’s top producer
of palm oil and second-largest supplier of rubber.
The
orange greening disease which is on track to destroy Florida’s
orange crop (#1 citrus producer in the U.S.) has now finally
reached California,
the nation’s #2 citrus producer.
I
am not sure about updates from the U.S.
Midwest crop which
was significantly delayed in planting because of flooding this
spring, but the rare October heatwave in the Southeast and Midwest
threatens crops, with some total losses reported in South
Carolina.
Meanwhile, the price
of soy bean soars
in the U.S.
If
you missed this one, there is a fatal banana
fungus that
which will inevitably wipe out Cavendish banana crop likely within 10
years.
Of
course, none of these issues will spell food shortage on their own.
But when taken together, they are a really bad omen for 2020, and it
could/will worsen in the next decades if nothing is done.
Maybe,
governments aren’t focussing on the important issues right now. The
real threat isn’t sea level rise in 2100, but the collapse of our
agriculture system, of our food system and how big companies fool
producers (low prices) and consumers (high prices).
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