Why world food prices may keep climbing

How will oil depletion affect the way we live? What will the economic impact be? How will agriculture change? Will we thrive or merely survive?

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biffvernon
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Post by biffvernon »

And some is converted to biofuel.
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adam2
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Post by adam2 »

biffvernon wrote:And some is converted to biofuel.
Yes, so demand destruction could also consist of driving more economical cars, use of public transport, or staying in one place.
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adam2
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Post by adam2 »

Wheat prices, in Euros reach a record for the year, and possibly an all time record.
http://www.bbc.co.uk/news/business/mark ... _month.stm

Wheat prices is USA$ though a little below the record are still very high by historical standards.
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Post by adam2 »

Wheat prices have fallen significantly in the last few months which I find somwhat suprising.
Short term fluctuations are to be expected all the time, but the last few months have seen a fairly steady decline.
The last peak was briefly $9 with about $8 sustained, and the present price is fluctuating between $6 and $7 (all per bushell)
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Post by RenewableCandy »

Our man at PFAF tells it like it is...
What I am going to do is present some pictures (from the conference "Planet Under Pressure" 2012) which encapsulate the current scientific view of the state of the planet, and in another post, add a list of the sessions I attended - you can follow through from these to details of the individual presentations on the PuP website. There were lots of different strands to follow, but I focused on the state of the planet, and sessions concerning agriculture and participatory research strategies.
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adam2
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Post by adam2 »

Wheat prices have increased noticeably in the last few days, presumably due to the bad weather.
Prices however remain well below levels reached about a year ago, which I find suprising giving the run of bad weather, a growing population, and the use off food crops for fuel.
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Post by biffvernon »

Wheat prices are global, not affected by lill' ol' England.
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adam2
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Post by adam2 »

biffvernon wrote:Wheat prices are global, not affected by lill' ol' England.
Very true, I was thinking of bad weather elswhere, especialy Australia where substantial areas of crops are lost due to drought.
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Post by RenewableCandy »

Yes and how much of the USA wheat belt is under snow at the mo?
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Post by adam2 »

Wheat prices have recently increased significantly and are approaching $7 a bushel, a considerable increase on prices of a few months ago, though still well below previous records.

If prices stay at broadly todays levels, then no grounds for concern, if however the present rate of increase is sustained, then that would be a bit worrying.
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Post by biffvernon »

The Ukrainian situation is hardly conducive of confidence in low wheat prices!
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PS_RalphW
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Post by PS_RalphW »

Climate change, over population, rising food prices or just weather. Take your pick.

http://www.bbc.co.uk/news/world-asia-26609858
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adam2
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Post by adam2 »

Wheat price rises again, now over $7 and at a high for the last 12 months, though below the previous record.
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Post by clv101 »

If El Nino develops in the coming months, as is now looking likely, we can expect food price records to be broken.

The Bureau of Meteorology have a great ENSO tracker: http://www.bom.gov.au/climate/enso/tracker/
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Post by Ralph »

clv101 wrote:If El Nino develops in the coming months, as is now looking likely, we can expect food price records to be broken.

The Bureau of Meteorology have a great ENSO tracker: http://www.bom.gov.au/climate/enso/tracker/
Well, looks like we have a ways to go just to break the 1970's record.

Image

Maybe you are referring to breaking the all time record from way, WAY back? :shock: Then we have FAR to go!

http://www.ers.usda.gov/amber-waves/201 ... 2wRd8bpTlI
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