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livingontheland - Re: [Livingontheland] Financial crash deepens food crisis

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Chronological Thread  
  • From: Liz <liz@allslash.org>
  • To: Healthy soil and sustainable growing <livingontheland@lists.ibiblio.org>
  • Subject: Re: [Livingontheland] Financial crash deepens food crisis
  • Date: Sat, 18 Oct 2008 00:26:29 -0400

At 12:58 PM 10/17/2008, you wrote:

Financial crash deepens food crisis
(China Daily)
Updated: 2008-10-17 06:59
http://www.chinadaily.com.cn/world/2008-10/17/content_7113789.htm

Nearly 1 billion people went hungry Thursday as the world marked World Food Day.

In many ways, this is a companion piece to your other post, about the laid-off Whirlpool workers and the farmer who can't afford to retire. World food production is not tied directly to demand but indirectly to commodity pricing. If the global commodity market goes flat, it doesn't matter whether there is a dire need in a particular geographical area--crops won't get planted if the farmer doesn't expect to get a good price from them. The 70-year-old guy on the tractor has to try to stick it out one more year in the hope of making enough of a profit to pay for the machinery, and the people who might have bought a new refrigerator from the appliance company put that off so they can buy food. I hear the sounds of dominoes crashing down . . .

Liz in SW VA
http://life-as-a-spectator-sport.com




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