underpaidgenius:
The brutal wildfires and crippling drought in Russia are decimating wheat crops and prompting shortsighted export bans. The ongoing floods and widespread crop destruction in Pakistan are creating a massive humanitarian crisis that has left more than 1,600 dead and some 16 million homeless and hungry in a region vital to U.S. national security. These and other climate crises trigger widespread food-price volatility, disproportionately and relentlessly devastating the world’s poor.
Less noticed has been the spiking price of wheat — up 50 percent since early June. The U.N. Food and Agriculture Organization recently cut its 2010 global wheat forecast by 4 percent amid fears of a scramble among national governments to secure supplies. As wheat prices climb, demand for other essential food crops such as rice will increase as part of a knock-on effect on world food markets, driving up costs for consumers. In particular, Egypt and other countries that depend heavily on Russian wheat might see dramatic price increases and unrest in the streets.
Fortunately, there are signs we will likely avoid a repeat of the 2007-2008 food crisis, when prices jumped as much as 100 percent and led to deadly riots in Port-au-Prince and Mogadishu. This year, bumper crops in the United States, alongside replenished wheat stocks globally, may be adequate to offset shortages due to the fires in Russia. But these short-term measures should not lull us into complacency or a false sense of confidence. We still have neither a strategy nor a solution to ending global hunger.
And there is going to be famine in Pakistan, Haiti, and other parts of the world absent huge humanitarian aid. And the various epidemics are starting in Pakistan.
Let me add this concluding paragraph from the report: This year, we may be able to limit the damage to a single supply shock in Russia and Eastern Europe. But even in the best of times, our global food system is stretched to the breaking point by the ever-present challenges of population growth, increased demand from changing diets, higher energy costs, and more extreme weather. Experts at the U.N. Food and Agriculture Organization estimate global agricultural productivity must double by 2050 to keep pace with increased demand. Unless we take immediate action, we are destined to race from food crisis to food crisis for generations to come, with grim consequences for the world’s poor and our own national security.
