---------- Forwarded message ---------- From: mary rose <[email protected]> Date: Fri, Jun 12, 2009 at 11:59 PM Subject: [GJM] FW: [globalnetnews-summary] Crop prices may rise, pushing up food costs To: [email protected], [email protected]
While i have promised to move into a Blog format, am awaiting arrival of several more books I consider it vital to read in order to stay up with the latest events. And, my feelings are that some "trusted" authors offer more valid information than does much of the Internet derived news reports. IMHO, they offer more of a rounded overview than do Internet fragments which can sometimes prevent one from seeing the "whole big picture" and thus arriving at any type of valid conclusion. Although I do feel that the "snippets" of information provided add to the whole considerably when taken into consideration against the contextual background of the whole big picture. And, as my main concern right now, but second to the state of our oceans worldwide, is concern with regard to food supply. For this reason, will focus more and more of my attention toward motivating people to ensure they have at minimum six month's supply on hand of canned food in case of dire emergency, while at the same time, moving into a healthier diet containing as much raw food as is possible on an everyday basis. This is not a journey that will be made in one day. For those of you who are diabetic or are among those who feel that a raw food diet is not possible due to location, or feel you must have meat in order to assure adequate protein, here are some resources for further study and contemplation. The video "Reversing Diabetes Naturally" can be viewed at this location. When I went to the website to try to order it, was advised that it is currently "out of stock". http://www.rawfoodhowto.com/video-reversing-diabetes-naturally.cfm -----Original Message----- From: [email protected] [mailto:[email protected]] On Behalf Of TradingPostPaul Sent: Thursday, June 11, 2009 5:59 PM To: [email protected] Subject: [globalnetnews-summary] Crop prices may rise, pushing up food costs Crop prices may rise, pushing up food costs http://www.chron.com/disp/story.mpl/headline/biz/6470114.html Crop prices could rise this year because of dwindling supplies of U.S. corn and soybeans, raising fears of grain shortages and higher food costs for consumers. Reserves from last year's harvest are low - with soybeans at their shallowest level in more than 25 years - the Agriculture Department said Wednesday. And this year's crop isn't expected to replenish grain bins. The reserve stocks have been depleted by U.S. grain exports, along with domestic demand for crop-based fuels like ethanol and biodiesel. Global markets have been left with a thinner cushion of surplus. The tightening supply could start to raise crop prices, which had been kept down by the global recession. "The dynamics for higher food prices are already in place, but they are being masked by problems in the larger economy," said Greg Wagner, senior commodity analyst with Chicago-based AgResource Co. Crop prices have risen steadily this spring since collapsing after last fall's financial crisis, when global demand sank along with the economy. Still, prices haven't come close to last summer's all-time highs. Higher grain prices could hurt already battered food companies like General Mills and Tyson Foods. They've had to pay more for ingredients as prices for corn, wheat and soybeans have risen. Prices at the store could climb, too, as food producers pass on their higher costs to consumers. There are 110 million bushels of soybean supplies left from last year's U.S. harvest, down 20 million from May, according to the USDA's World Agricultural Supply and Demand Estimates. That's the lowest level of surplus soybeans for a June since 1983, Wagner said. And the demand for grains is much higher today. In 1983, the U.S. market required about 1.9 billion bushels of soybeans to meet demand. Today it needs 3.7 billion, he said. "It just shows you how extremely tight this is," Wagner said. Because most of the soybean harvest is used to make animal feed, its prices affect meat producers. Soybeans are also used to make many processed-food goods sold by Kraft Foods, ConAgra Foods and others. _______________________________________________ Discussion mailing list [email protected] http://globaljusticemovement.net/mailman/listinfo/discussion_globaljusticemovement.net -- http://venukm.blogspot.com/ --~--~---------~--~----~------------~-------~--~----~ You received this message because you are subscribed to the Google Groups "Green Youth Movement" group. To post to this group, send email to [email protected] To unsubscribe from this group, send email to [email protected] For more options, visit this group at http://groups.google.com/group/greenyouth?hl=en-GB -~----------~----~----~----~------~----~------~--~---
