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Tuesday, April 22, 2008

Farmers Making Money - U.S. Food Exports Up 83%

Stuart Varney for Fox Business News reported that U.S. food exports are up 83%. Paraphrasing here, Varney says the U.S. did not impose restrictions on export of agricultural products, others did. Some Asian countries said "No" you may not have our rice. Varney pointed out that "Farmers are making money for the first time in a long time, and it's about time." As food prices rise around the globe and the number of hungry people grows at an alarming rate: Some hungry countries do not have crop failure, drought, or floods. They have "conflict."

Countries in Crisis - Crop Prospects and Food Situation of those, Liberia, Sierra Leone, Burundi, Central African Republic, Chad, The Congo, Cote d'Ivoire, Guinea, Sudan, Uganda, are hungry from either conflict or post-conflict recovery. No mention of drought or flood or crop failure
The following from the CIA World Fact Book Republic of Liberia - 20% Muslim Republic of Sierra Leone - 60% Muslim Republic of Burundi - 10% Muslim Central African Republic - 15% Muslim Republic of Chad - 53% Muslim Democratic Republic of Congo - 10% Muslim Republic of Cote d'Ivoire - 34-40% Muslim Republic of Guinea - 85% Muslim Republic of Sudan - 70% Muslim Republic of Uganda - 12% Muslim The percent of the Muslim population is significant when assessing unrest and/or poverty. All of the above are over 10% Muslim. Take a look at RightTruth's Islam Update for some eye-opening stats on what happens when Islam exceeds 3% of the country. This report from Rome: Some African crops "satisfactory"
2008 cereal prospects - In North Africa, early prospects for the 2008 winter cereal crops are mixed, but in Southern Africa the overall outlook is satisfactory, despite severe localized floods. In several countries of Eastern Africa, another bumper cereal crop was gathered in 2007, but poor secondary crops are expected in Kenya and Somalia, according to the report. In Asia, early indications point to a 2008 aggregate wheat crop around last year’s record level. Overall prospects for the 2008 maize crop are satisfactory in South America, although the outlook remains uncertain in Argentina.
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