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Thread: Global Famine 2022 / 2023
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04-10-2022, 07:43 PM #1
Global Famine 2022 / 2023
Anyone else tracking the impending food shortages? Seems like developing countries that are net food importers are about to be in a perilous situation.
https://theweek.com/world/1012311/th...-food-shortage
https://www.cnbc.com/2022/04/06/a-fe...-scarcity.html
https://www.politico.eu/article/fren...global-famine/Last edited by Kevo; 04-12-2022 at 01:13 AM.
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04-10-2022, 07:48 PM #2
This one's worth reading. https://doomberg.substack.com/p/farm...-the-brink?s=r
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04-10-2022, 08:17 PM #3Registered User
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Any potash mining experts here? Makes me wonder if all the underutilized potash deposits here in Utah are going to be mined ASAP. Looks like Intrepid from Utah had their stock more than double since the war started. What's the catch though, something like an insane amount of water rights needed to produce it? Or maybe any new mines that start today won't produce anything for many many years in the future? Like 5 or 10 or 20?
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04-10-2022, 08:31 PM #4
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04-10-2022, 09:08 PM #5
If all the stoners saved their pot ash.
We might save the world.. . .
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04-10-2022, 09:10 PM #6
From 11 March. UK (gentleman) farmer's perspective. The relevant part starts around 4:05.
Last edited by Mazderati; 04-11-2022 at 12:05 PM.
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04-11-2022, 11:55 AM #7
^5x price gain on fertilizer over 2 years
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04-11-2022, 12:12 PM #8
Climate Change: The Final Solution
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04-11-2022, 04:40 PM #9Registered User
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Most of the US population is extremely famine resistant. USA! USA!
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04-11-2022, 04:47 PM #10
Doesn’t weed require fertilizer?
Hippy rebellion?
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04-11-2022, 05:55 PM #11Registered User
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I think I'm gonna load up on seeds, good soil and... fertilizer while it's still abundant and relatively cheap.
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04-11-2022, 06:41 PM #12
There are famines ongoing already. It will probably get worse in the affected countries.. And the countries that have fertilizer surpluses will be much less likely to export. I am glad to be retired from farming!. Historically volatile crop prices will make it a very stressful growing season coming up in North America...and South America has some drought problems now so it looks like below average crop yields there getting harvested now.
what's so funny about peace, love, and understanding?
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04-12-2022, 06:50 AM #13Registered User
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It doesn't help that the US winter wheat crop sucked due to drought and the early plantings in the northern plains are getting frozen today.
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04-12-2022, 07:53 AM #14
I predict this thread will last longer than the Covid Rat Flu thread. This is some scary shit.
I have been in this State for 30 years and I am willing to admit that I am part of the problem.
"Happiest years of my life were earning < $8.00 and hour, collecting unemployment every spring and fall, no car, no debt and no responsibilities. 1984-1990 Park City UT"
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04-12-2022, 08:22 AM #15
It shows you where the US governments priorities are that in the face of possible food shortages and rising fuel prices they move to use more corn for fuel today....
In an exception to the Clean Air Act, Biden will allow E15 gas to be sold this summer
it already consumes 35 percent of the U.S. corn crop @ 10% so currently the U.S. devotes enough land to corn-ethanol production to feed 150 million people. Bumping it up to 15%? well you do the math.
That is not even taking into consideration the other problems with ethanol
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04-12-2022, 08:51 AM #16mental projection
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04-12-2022, 09:08 AM #17"timberridge is terminally vapid" -- a fortune cookie in Yueyang
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04-12-2022, 09:19 AM #18Registered User
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Just read how Fish and Chip shops in England are probably going out of biz by the thousands - prices are jacked on oil from Ukraine and other places, fish from Russia is now banned, etc. That would be like pizza places or burger joints disappearing in the US, it's kinda crazy.
Also is this an investing thread or a sympathetic famine thread? I wonder how many ghouls on this board are trying to make a buck off all of this, ha.
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04-12-2022, 09:43 AM #19
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04-12-2022, 10:17 AM #20click here
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Yep. They are politicians, not industrial revolution historians (or engineers). All they know is Iowans vote. They've forgotten that a key enabler of modern society is extracting energy from mines instead of farmland. Instead of dedicating half a farm to human crops, a quarter for draft animal feed, and a quarter to forest for heating, we can now use mined fuels (coal, oil, gas) to meet the latter needs, and dedicate all of the farmland to human food. Farming ethanol is a regression.
Besides, the oil shortage showed first, and ethanol is flammable. Never mind that studies say it's not very efficient and consumes more oil equivalents than it produces. Political stupidity is our reward for becoming astoundingly good at manufacturing and PR. We think we can do anything, and we tell ourselves that.
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04-12-2022, 11:35 AM #21
Sri Lanka has suspended payment on all external debt. https://www.reuters.com/world/asia-p...or-2022-04-12/
They're going to have a hell of a time financing wheat later this year.
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04-12-2022, 11:47 AM #22
I'm short Sri Lankan debt.
"timberridge is terminally vapid" -- a fortune cookie in Yueyang
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04-12-2022, 12:04 PM #23
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04-12-2022, 12:25 PM #24
Unfortunately it's probably both given the links posted. I guess including mine, though I didn't think of it for investing I just thought it was a pretty comprehensive exploration of what's going on.
There's a book I've been meaning to read so I can try understanding this idea better. It's a shift in how I've thought about gas and coal, but in many ways it seems to push toward the idea of nuclear power.
Sri Lanka banned artificial pesticides, I didn't see a mention of it in that article but I think it's critical to understanding how they got here. It seemed to be a pretty clear failure last fall, probably earlier in agriculture circles.
Sri Lankan President Gotabaya Rajapaksa promised in his 2019 election campaign to transition the country’s farmers to organic agriculture over a period of 10 years. Last April, Rajapaksa’s government made good on that promise, imposing a nationwide ban on the importation and use of synthetic fertilizers and pesticides and ordering the country’s 2 million farmers to go organic.
The result was brutal and swift. Against claims that organic methods can produce comparable yields to conventional farming, domestic rice production fell 20 percent in just the first six months. Sri Lanka, long self-sufficient in rice production, has been forced to import $450 million worth of rice even as domestic prices for this staple of the national diet surged by around 50 percent. The ban also devastated the nation’s tea crop, its primary export and source of foreign exchange.
Also:
https://www.nytimes.com/2021/12/07/w...ertilizer.html
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04-12-2022, 12:38 PM #25
The ban on artificial fertilizers & pesticide was a slow train wreck with weird religious as well as domestic self sufficiency issues
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