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Stark Numbers: Food Solutions, not Promises

Here are the stark numbers today:

Global food prices force about 100 million people into hunger.

High food prices are pushing 30 million Africans into poverty.

About 850 million people are suffering from chronic hunger worldwide.

Food prices have hit the highest levels in real terms in 30 years.

Price of rice has gone up by 75% globally.

Global food prices rose by 43% in 2007 alone.

The US has diverted about 40 million tons of maize to produce ethanol.

An acre of maize produces only 50 gallons of gasoline.

EU plans to get 10% of auto fuel from Bio-energy by 2020.

Food riots and food wars are not just taking place in the streets of Egypt and in Mexico, they are taking place in the corridors of the FAO (Food and Agriculture Organization of the UN) Read more »

The Enemy is Hunger: Rome Conference

“This is a fight we cannot afford to lose, the enemy is hunger”, so said Ban Ki Moon yesterday in Rome. However his words fell on deaf ears. So far only a measly 3 billions has been “promised” to feed the 900 million who are on the verge of starvation. Yesterday I reported that a figure of an annual 30 billion has been calculated by the UN as the ballpark figure to address world hunger. Unfortunately this conference has been highjacked by a brace of tyrants, namely the odious Mugabe of Zimbabwe, and the bearded buffoon from Iran, Ahmadinejad, who both managed to accuse the West for their ills. Additionally, Latin American countries are refusing to sign a declaration on dealing with the world food crisis, delegates at a UN food summit have told journalists (this is still developing) as a final declaration had been set to be released at 1500 GMT. Don’t hold your breath.

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The Hungry Look Towards Rome for Answers

The primaries are over! Now is the time to solve the real problems as world leaders gather in Rome for the second day of talks on food price escalation and, with luck, to settle on a common strategy to deal with the crisis, the FAO has put a price on eradicating hunger: $30bn. Yep! That’s for one year.

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Food Complacency

This is meant to be highlighting the opening of the Rome Food Conference today. For far too long, we in the developed world have taken food supplies for granted. For decades, ample food stocks, a well-supplied export trade and rapidly rising agricultural productivity seemed to have confined food “insecurity”, in the west at least, to the history bin. Cause and effect: it has proved a costly complacency, the scale of which we are only just beginning to realize (latest diaries here, here and here). Have we forgotten the European famines of the war years, the end of British food rationing in 1953, and the US food shortages of the 1930s?

I’m eagerly awaiting the findings of the Food Summit in Rome (which starts today) organized by the United Nation’s Food and Agricultural Organization (FAO) though mixed signals have already been sent by same agency: Food prices to remain high despite higher output. Read more »

Speculators Pushing Up Food Prices?

My email box this morning bristled with an inordinate amount of messages from various food agencies but the one that I opened up straight away came from the FAO, with a link to their latest pdf prepared & published for next week’s high level conference on world food security in Rome. Speculators outside of the food industry pouring money into financial mechanisms in the commodity markets could be cause for concern.

In a far-reaching report on global food prices, the UN questions the contribution of institutional investors to the recent turmoil in commodity markets.

“A key concern now is the participation of new agents that are perceived to be motivated by risk-diversification to the exclusion of serious assessment of price levels.”

A month ago I wrote a diary which, gasp, dared to suggest that indeed there was a tidal wave of investors and speculators pouring into the futures markets for corn, wheat, rice and other commodities and who were driving up prices. Read more »

Something’s Rotten

The Food and Agriculture Organization (FAO) Food Outlook report published a couple of days ago confirms that wheat prices should decline in the new season. I thought to myself: Wow! That’s great news! I promptly logged onto the FAO site (I’m a regular there) and I got this: International prices of most agricultural commodities have started to decline, but they are unlikely to return to the low price levels of previous years, Food Outlook reports. The FAO food price index has remained stable since February 2008, but the average of the first four months of 2008 is still 53 percent higher when compared to the same period a year ago. And this: Increased hunger likely in some poor countries.

I smell a rat! Some financial entities (read speculators), like the oil producers, are making a killing. Somewhere. Read more »

A Ray of Hope: G8 to Start Tackling Global Food Crisis

On the Project Concern site, there’s this message: Here is a challenge to consider: tonight - for just one night - go without dinner; go to bed hungry. This act of conviction serves to remind each of us of the global emergency that is currently being described by the World Food Program as the “silent tsunami.”

Imagine having to go without food for days on end as roughly a billion people do on a regular basis. Imagine having to put your kids to sleep at night hungry. How did we get to this point and what did the various governments in the world do to alleviate the hunger and the suffering? Not much, as most States still spend a large portion of their GDP, doggedly, in defense, shoring up armies and armament as if there’s no tomorrow, still drawing invisible battle lines on the earth, water and space.

However, there is movement at the station, to paraphrase Banjo Paterson. Read more »

The Other Blue Revolution we Should be Having

The world needs to start another revolution, IMO, to preserve, conserve and manage freshwater supplies in the face of huge growing demands from population growth, irrigated agriculture, unregulated industries (in most parts of the world) and sheer wastage: a Blue Revolution. Although this concept is not new, it should be given serious thought.

Just as the Green Revolution transformed agriculture in the 1960s, a Blue Revolution ought to galvanize this earth into action, and everyone, from those in government to the multinationals and from the self-employed to the workforce and those at home should play a role as there is no more water on earth now than there was 2,000 years ago, when the population was less than 3% of its current size. Glib? It’s worse than that as per-capita water consumption is rising twice as fast as the world’s population.

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