Board logo

subject: The World Food Subject To Environmental Impact [print this page]


Hot and dry weather caused by Germany, Britain, Poland, Hungary, and lower wheat production in northern France.

Canada is second only to the United States, the world's second largest wheat exporter, here is the excessive rainfall wheat production. Canadian Wheat Board early in June estimated that all the wheat acreage in western Canada down 18% over last year, the lowest since 1971.

World's fourth largest food exporting country already warned the Australian government, plague of locusts could threaten this year's grain harvest. According to reports, the locusts originated in hot, dry state of Queensland, then moved south into the main grain producing areas of Australia.

The face of skyrocketing food prices, bad weather for the non-food-exporting countries is more described as "worse." For example, not seen for 80 years suffered major floods in Pakistan, the country's northwest is one of Pakistan's most fertile land, is sugar cane, corn, tobacco and vegetables, the main producing areas, the flood destroyed almost all the villages and farmlands, destruction of irrigation systems, serious food crisis.

At the same time, China has suffered a reduction in summer grain, Southwest drought, floods and other adverse factors north and south.

World Bank vice president hole about Ngozi Austria Yiweiala recently pointed out, India, Pakistan and China, flood waters, have increased concerns about food supply.

Greater challenge is bad weather may also affect some food exporting countries in the coming months of winter wheat planting. FAO has said that if Russia and other countries of the drought continue to rage, the threat of winter wheat planting, and thus to the world in 2011 to 2012, seriously affected the supply of wheat.

After skyrocketing in a row, U.S. wheat futures closed limit-down on August 6, due to the recent market is expected to rise beyond the fundamentals to support the rate of increase, commodity funds began to sell large profit. Some analysts said the trend of grain prices than global supply and demand fundamentals will support higher speeds, and that other exporters to make up for the Russian wheat crop yield gap.

But many market analysts still believe that, because the weather is always an important and sensitive to uncertainty, although the current global food supply and demand fundamentals are no problem, but the global food market prices will remain higher overall pattern.

by: Frbiz




welcome to loan (http://www.yloan.com/) Powered by Discuz! 5.5.0