TECB. February 19, 2020
Global food production is being hit from seemingly every side.
Thanks to absolutely crazy weather patterns, giant locust armies in
Africa and the Middle East, and an unprecedented outbreak of African
Swine Fever in China, a lot less food is being produced around the world
than originally anticipated. Even during the best of years we really
struggle to feed everyone on the planet, and so a lot of people are
wondering what is going to happen as global food supplies become tighter
and tighter. The mainstream media in the United States is so obsessed
with politics right now that they haven’t been paying much attention to
this emerging crisis, but the truth is that this growing nightmare is
only going to intensify in the months ahead.
In Australia, conditions have been extremely hot and extremely dry,
and that helped to fuel the horrific wildfires that we recently
witnessed.
And everyone knew that agricultural production in Australia was going
to be disappointing this year, but it turns out that it is actually
going to be the worst ever recorded…
Australia’s hottest and driest year on record has slashed crop production, with summer output expected to fall to the lowest levels on record, according to official projections released Tuesday.
The country’s agriculture department said it expects production of crops like sorghum, cotton and rice to fall 66 percent — the lowest levels since records began in 1980-81.
The continent of Australia is considered to be one of the
breadbaskets of the world. According to the U.S. Department of
Agriculture, in 2018/19 Australia exported over 9 million tons of wheat to the rest of the world.
But thanks to relentless crop failures, Australia has started to import wheat, and that is likely to continue for the foreseeable future.
So instead of helping to feed the rest of the world, Australia is now relying on the rest of us to help feed them.
And what is happening this year didn’t just barely break the old
records. In fact, one senior economist says that this will be the worst
summer crop production the country has ever seen “by a large margin”…
“It is the lowest summer crop production in this period by a large margin,” Peter Collins, a senior economist with the department’s statistical body ABARES told AFP.
Of course if the rest of the world was doing great we could certainly survive a downturn in Australia.
Unfortunately, that is definitely not the case.
Right now, billions upon billions of locusts are voraciously
devouring farms in eastern Africa and the Middle East. As I detailed the other day,
giant armies of locusts the size of large cities are traveling up to
100 miles per day as they search for food. When they descend on a farm,
all the crops can be consumed literally within 30 seconds.
It is a nightmare of epic proportions, and UN officials are telling us
that this crisis is only going to get worse over the next couple of
months.
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