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Ponce
1st January 2011, 09:51 AM
If I keep posting about the food shortage is because it is my only way to keep on hitting you over the head to wake you up, is going to be VERY BAD and you should take the proper precautions to protect your "immediate" family.........please note the "inmmidiate", you are not God so that you won't be able to help everyone, and once you help someone you will have hundred of people coming to your home
:boohoo
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Food Prices Will Rise for Years.

December 18, 2010 by Alex
FinancialSense.com
By Joseph Dancy

llustrating how tight the global grain markets are becoming, and the concern of governments over higher grain prices, yesterday Russian Prime Minister Vladimir Putin said he had signed two governmental resolutions to start supplying grain from the state intervention fund to Russian regions affected by this year’s abnormal heat and drought.

“We will separately send the necessary volume of feed grain to the regions, which need to support their cattle breeding while food grain will be sent to Moscow, St. Petersburg, the Moscow and Leningrad regions. The work will start in the nearest future. The documents have been signed and will be released today,” Putin noted.

The Ukraine, also hit by drought last summer, extended its grain export quota, due to end on December 31st, until the end of March 2011. The draft resolution proposed additional quotas for the exports of 500,000 tonnes of wheat and 1million tons of corn.

The U.S. Grains Council this week released a study that indicates China may boost corn imports to a record next year as the U.S. Corn purchases may grow fivefold from 1.5 million metric tons this year “to upward of” 7.4 million tons in the 2011 calendar year.

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