World’s Largest Maker of Crop Nutrients: Famines May Occur Without Record Harvests
February 20th, 2008βIn 2008, food could become an out front national security issue in the developed world.β
βCryptogon, Some Guesses About 2008
I don’t know what I have to do to make this clear to people, or how many times I have to say it…
I hope you guys get it.
Via: Bloomberg:
Grain farmers will need to harvest record crops every year to meet increasing global food demand and avoid famine, Potash Corp. of Saskatchewan Inc. Chief Executive Officer William Doyle said.
People and livestock are consuming more grain than ever, draining world inventories and increasing the likelihood of shortages, Doyle said yesterday in an interview on Bloomberg Television. Global grain stockpiles fell to about 53 days of supply last year, the lowest level since record-keeping began in 1960, according to the U.S. Department of Agriculture.
“If you had any major upset where you didn’t have a crop in a major growing agricultural region this year, I believe you’d see famine,” Doyle, 57, said in New York.
…
“We keep going to the cupboard without replacing and so there is enormous pressure on agriculture to have a record crop every year,” Doyle said. “We need to have a record crop in 2008 just to stay even with this very low inventory situation.”
